You need to create an operating budget for your business. Your financial information for the month is as follows: Labor: 1,000 - Loan payments: 4,000 - Utilities: 400 - Laptop: 1,400 Rent: 700 - Initial website design: 1,200 - Insurance: 150 What is your monthly operating budget, excluding start-up costs? A. 6,250 B. 7,450 C. 7,650 D. 8,850

To create an operating budget for your business, you need to add up all the expenses that are part of your regular business operations. Start-up costs, such as the initial website design and laptop, are not included in the operating budget. Here are the expenses that are part of your monthly operating budget:- Labor: 4,000- Utilities: 700- Insurance: 1,000 + 400 + 150 = 6,250.