A project scheduled to be carried out over a single fiscal year has a budget of $12,000, divided into 12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $4,540. By how much was the project over its budget? Select:  A) $380  B) $540  C) $1,050  D) $1,380  E) $1,430
Difficulty level: 600   Each month's budget = 12000/12= 
<gadget id="calculator">12000/12</gadget>
<output>1_000</output>
1000   $540udget for 4 months= 4*1000= 
<gadget id="calculator">4*1000</gadget>
<output>4_000</output>
4000   Actual amount spent= 4540   Amount spent over the budget = 4540 - 4000= 
<gadget id="calculator">4540 - 4000</gadget>
<output>540</output>
540   Answer ($540),   Regards,
<result>B</result>
A project scheduled to be carried out over a single fiscal year has a budget of $12,000, divided into 12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $4,540. By how much was the project over its budget?