GMAT MATH REVIEW

Question 1

A project scheduled to be carried out over a single fiscal year has a budget of $12,600, 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 $4,580. By how much was the project over its budget?

(A) $ 380

(B) $ 540

(C) $1,050

(D) $1,380

(E) $1,430