Question 1 of 30
A project manager is overseeing a project that requires meticulous tracking of time and expenses. The project has a budget of $50,000 and is expected to take 6 months. The team has logged a total of 800 hours of work so far, with an average hourly rate of $75. Additionally, the team has incurred $10,000 in expenses related to materials and travel. If the project manager wants to determine the remaining budget after accounting for the hours worked and expenses incurred, what will be the remaining budget?
$35,000
$30,000
$25,000
$40,000

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