1. Using the table below, which expenditure did the school spend less than they budgeted for?

   	Current Year Budget	Current Year Actual	Current Year Variances
   Revenues
   General revenue allocation	$480,000.00	$480,000.00	$0.00
   Laboratory fees	$10,500.00	$9,500.00	-$1,000.00
   Course fees	$6,500.00	$3,500.00	-$3,000.00
   Total Revenues	$497,000.00	$493,000.00	-$4,000.00
   Expenditures
   Salaries	$350,000.00	$338,000.00	$12,000.00
   Benefits	$97,000.00	$94,000.00	$3,000.00
   Supplies	$25,000.00	$27,300.00	-$2,300.00
   Travel	$10,500.00	$11,200.00	-$700.00
   Total Expenditures	$482,500.00	$470,500.00	$12,000.00
   Revenues over Expenditures	$14,500.00	$22,500.00	$8,000.00

   	A.	Benefits
   	B.	Travel
   	C.	Supplies
   	D.	None of the above