A project scheduled to be carried out over a single fiscal year has a budget of $12,600, divided into12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $5,580. By how much was the project over its budget?  Choose the correct choice from the following answers.
A) $380 B) $540 C) $1,050 D) $1,380 E) $1,430
$1,380ifficulty level: 600   Each month's budget = 12600/12= 
<gadget id="calculator">12600/12</gadget>
<output>1_050</output>
1050   Budget for 4 months= 4*1050= 
<gadget id="calculator">4*1050</gadget>
<output>4_200</output>
4200   Actual amount spent= 5580   Amount spent over the budget = 5580 - 4200= 
<gadget id="calculator">5580 - 4200</gadget>
<output>1_380</output>
1380   Answer ($1,380),   Regards,
<result>D</result>
A project scheduled to be carried out over a single fiscal year has a budget of $12,600, divided into12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $5,580. By how much was the project over its budget?