In November of 20X1, when you make your annual budget for the calendar year, you budget $50 per month for pet food for your dog in 20x2. Then on May 1, 20X2 you get a second dog (who eats exactly as much as the first dog), and on August 1, 20x2 the price of dog food increases by 10%
What is your actual annual cost of pet food for 20x2?