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The image contains a math problem involving a budget for a netball tour. It asks to calculate missing values, determine expected income after sponsorship reductions, and analyze actual transport costs.

Mathematics

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Here are the solutions to Question 1:

1.1.1

  1. Calculate the total budgeted expenses.

    Total Expenses=21850+7500+3150+4200+1800+2500=R 41000\text{Total Expenses} = 21850 + 7500 + 3150 + 4200 + 1800 + 2500 = \text{R } 41000
  2. Since income balances expenses, the total income is R 41 000.

    Set up the equation for total income and solve for A.

    Total Income=Sponsorship from Sports World+Sponsorship from Netballers+A+Club contribution\text{Total Income} = \text{Sponsorship from Sports World} + \text{Sponsorship from Netballers} + A + \text{Club contribution} 41000=15000+10000+A+400041000 = 15000 + 10000 + A + 4000 41000=29000+A41000 = 29000 + A A=41000−29000A = 41000 - 29000 A=R 12000A = \boxed{\text{R } 12000}

    1.1.2

  3. Calculate the new sponsorship from Sports World.

    New Sports World Sponsorship=150002=R 7500\text{New Sports World Sponsorship} = \frac{15000}{2} = \text{R } 7500
  4. Calculate the new sponsorship from Netballers.

    New Netballers Sponsorship=10000×(1−0.15)=10000×0.85=R 8500\text{New Netballers Sponsorship} = 10000 \times (1 - 0.15) = 10000 \times 0.85 = \text{R } 8500
  5. Determine the total expected income from sponsorships.

    Total Expected Sponsorship Income=7500+8500=R 16000\text{Total Expected Sponsorship Income} = 7500 + 8500 = \boxed{\text{R } 16000}

    1.1.3

    a) Explain what this means.
    A variance of -R1 250 for transport means that the actual transport cost was R1 250 less than the budgeted transport cost.

    b) Calculate the actual transport cost.

    Actual Transport Cost=Budgeted Transport Cost+Variance\text{Actual Transport Cost} = \text{Budgeted Transport Cost} + \text{Variance} Actual Transport Cost=21850+(−1250)\text{Actual Transport Cost} = 21850 + (-1250) Actual Transport Cost=21850−1250=R 20600\text{Actual Transport Cost} = 21850 - 1250 = \boxed{\text{R } 20600}
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