Question

Sampson has been given the following budget guidelines. If his department’s budget is $50,000, how much can he spend in each budget category? Be sure to list dollars and cents (round to the nearest hundredth).

Answer 1

The amount he can spend on marketing is $8,333.33.

The amount he can spend on supplies is $16,666.67

The amount he can spend on trainings is $12,500

The amount he can spend on travel is $2,500

The amount he can spend on equipment is $10,000

How much can he spend on each category?

The amount he can spend on each category can be determined by multiplying the fraction of that category by the total department's budget.

The amount he can spend on marketing : 1/6 x $50,000 = $8,333.33.

The amount he can spend on supplies: 1/3 x $50,000 =  $16,666.67

The amount he can spend on trainings: 1/4 x 50,000 =  $12,500

The amount he can spend on travel $2: 1/20 x 50,000 = 2,500

The amount he can spend on equipment $: 1/5 x 50,000 = 10,000

To learn more about multiplication of fractions, please check: https://brainly.com/question/1114498

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