Question

Look at this monthly budget. Monthly Budget A 2-column table has 10 rows. The first column has entries net income, total income, rent, train pass, total fixed, food, clothing, discretionary, total variable, savings. The second column is labeled budgeted with entries (in dollars) 600, 600, negative 300, negative 30, negative 330, negative 100, negative 40, negative 50, negative 190, 80. Next month, Tokuji's monthly net income will increase to $650. If he increases his savings to $110 a month, how much can he increase his discretionary spending? $20 $10 $40 $30.

Answer 1

If the budget holder increases his savings to $110 per month with an increased net income of $650, he can increase his discretionary spending by A. $20.

Data and Calculations:

Monthly Budget

Item Description  Current      Next    Income

                              Month     Month   Increase

Net income          $600        $650       $50

Total income         600          650          50

Rent                       -300         -300           0

Train pass               -30            -30           0

Total fixed            -330          -330           0

Food                      -100          -100           0

Clothing                  -40           -40            0

Discretionary        -50            -70         20

Total variable      -190          -210         20

Savings                  80            110          30

If the budget holder increases his savings to $110 per month with an increased net income of $650, he can increase his discretionary spending by A. $20.

Learn more about discretionary spending and personal budgeting here: https://brainly.com/question/13006765

Answer 2

Answer:

Confirming it is A

Explanation:

I made a 100 on the test(Edge 2022)