Question 1 of 30
A project manager is tracking time and expenses for a software development project. The project has a budget of $50,000, and the team has logged 300 hours of work at an average hourly rate of $75. Additionally, the team incurred $10,000 in expenses for software licenses and hardware. If the project manager wants to calculate the remaining budget after accounting for the logged hours and expenses, what will be the remaining budget?
$25,000
$30,000
$35,000
$40,000

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