1. **State the problem:** We have a budget of $9600 for a product launch event. Various expenses reduce this budget, and we want to determine if the event cost was more than $200 under budget to qualify for a bonus.
2. **List the expenses and remaining funds:**
- Venue: $-2400$
- Catering: $-2880$
- Beverage: $-1440$
- Photographer: $-1056$
- Furniture Rental: $-768$
- Decorations: $-384$
- Invitations: $-480$
- Remaining Funds: $192$
3. **Calculate total expenses:**
$$\text{Total Expenses} = 2400 + 2880 + 1440 + 1056 + 768 + 384 + 480 = 9408$$
4. **Calculate actual spending:**
$$\text{Actual Spending} = \text{Budget} - \text{Remaining Funds} = 9600 - 192 = 9408$$
5. **Check if the event was under budget by more than $200:**
$$\text{Under Budget Amount} = \text{Budget} - \text{Actual Spending} = 9600 - 9408 = 192$$
6. Since $192 < 200$, the event was under budget but by less than $200$.
**Final answer:**
C No, the event was under budget by less than 200
Budget Bonus 757Ab5
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