VION 1 1.1
The table below shows Michaels' income and expenditure for the month of
April 2021. Study the table and answer the questions that follow.
Heone
Amounts
Expenditura
Amount
Salary
Expenses (Variable)
R 15 435.20
Funeral Plan
Rent
R 200
R2050
Petrol
Air Time
Food (Groceries)
Clothing
R 500
R 350
R 400
R 700
School Fees
Car Repayment
Car Insurance
Total Expenditures
R600
R4 500
R 317
А
Entertainment
R 900
Toiletries
R 300
Money Left Over
B
1.1.1 Determine the values of A and B.
1.1.2 Use the value of B to decide whether the family is using the money wisely (2)
or not.
1.1.3 Suppose the family is not using the money wisely, give two advices how
(4)
they can improve on their spending,
1.1.4 Occasional expenses were not included in the budget. Explain what
occasional expenses mean and give one example.​