1. Mary's Monthly Budget
Income $617 Fixed Expenses
Rent $150
Living Expenses Emergency Fund $30
Electric $30 Annual Expenses
Transportation $60 Car Insurance $850
Food $200 Books $400
Entertainment $40 Tuition (parents pay)

What are the total living expenses?

$330

$360

$510

$945

2.
Assessment items

Item 7

Mary's Monthly Budget
Income $617 Fixed Expenses
Rent $150
Living Expenses Emergency Fund $30
Electric $30 Annual Expenses
Transportation $60 Car Insurance $850
Food $200 Books $400
Entertainment $40 Tuition (parents pay)

What is the monthly share of the annual expenses?

$100

$104

$114

$150

3. Mary's Monthly Budget
Income $617 Fixed Expenses
Rent $150
Living Expenses Emergency Fund $30
Electric $30 Annual Expenses
Transportation $60 Car Insurance $850
Food $200 Books $400
Entertainment $40 Tuition (parents pay)

What describes the status of Mary's budget?

it is in surplus
it is in deficit
it is balanced

4. Mary's Monthly Budget
Income $617 Fixed Expenses
Rent $150
Living Expenses Emergency Fund $30
Electric $30 Annual Expenses
Transportation $60 Car Insurance $850
Food $200 Books $400
Entertainment $40 Tuition (parents pay)

The fixed expenses are what percent of Mary's income?

34.3%

29.2%

20.1%

2.9%