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A project scheduled to be carried over a single fiscal year has a budget of $12,600, divided into 12 monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $4,580. By how much was the project over budget?

asked 9 months ago

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saphira

According to the given information, the budget for 4 months will be
(12600/12)x4 = 4200.
The project spend 4580 in the first 4 months.
Therefore, it was 4580-4200 = $380 over budget.

answered 9 months ago

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