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Calculate Cost 1 (Original Budget for August 2010)
Business/Management
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Here is Phillip's completed budget for August 2010, including the calculations for Cost 1, Cost 2, and Cost 3, based on the provided information.
Step 1: Calculate Cost 1 (Original Budget for August 2010)
Phillip's income is R7 321.68.
Fixed expenses:
- Medical aid: R543.12
- Cell phone: R136.90
- Bond repayment: R2 674.34
- Car insurance: R249.00 Variable expenses:
- Groceries: R600.00
- Water and electricity: R189.0
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