alexa has finished her culinary training program and is now working full - time as a chef in a hotel resort…

alexa has finished her culinary training program and is now working full - time as a chef in a hotel resort restaurant. she has tripled her salary from when she was working part - time to pay her expenses through school. how should this increased income affect her budget? make comparisons with her previous budget and her current budget.\nmonthly budget previous budget current budget\nincome\nwages $800 $2400\nexpenses\nrent $300 $300\nutilities $50 $60\ngroceries $200 $250\nsavings $100 $150\nbus pass $30 $30\nnet income $110 $1610\na. alexa is earning quite a bit more money and her expenses reflect the change in income.\nb. alexa is earning quite a bit more money than she was previously. she has worked hard and deserves to spend a lot of money on herself.

alexa has finished her culinary training program and is now working full - time as a chef in a hotel resort restaurant. she has tripled her salary from when she was working part - time to pay her expenses through school. how should this increased income affect her budget? make comparisons with her previous budget and her current budget.\nmonthly budget previous budget current budget\nincome\nwages $800 $2400\nexpenses\nrent $300 $300\nutilities $50 $60\ngroceries $200 $250\nsavings $100 $150\nbus pass $30 $30\nnet income $110 $1610\na. alexa is earning quite a bit more money and her expenses reflect the change in income.\nb. alexa is earning quite a bit more money than she was previously. she has worked hard and deserves to spend a lot of money on herself.

Answer

Explanation:

Step1: Analyze income change

Income has tripled from $800 to $2400.

Step2: Analyze expense - rent

Rent remains the same at $300.

Step3: Analyze expense - utilities

Utilities increased from $50 to $60.

Step4: Analyze expense - groceries

Groceries increased from $200 to $250.

Step5: Analyze expense - savings

Savings increased from $100 to $150.

Step6: Analyze expense - bus pass

Bus pass remains the same at $30.

Step7: Analyze net - income change

Net - income increased from $110 to $1610. Overall, while some expenses have increased slightly, the significant increase in income has led to a large increase in net - income.

Answer:

a. Alexa is earning quite a bit more money and her expenses reflect the change in income.