The best estimate for the food budget will be the percentage of the food budget multiplied by $3050.
This is an incomplete question, therefore, an overview of the question will be given. Since you didn't provide the percentage of the food budget, let's assume that the percentage is given as 20%. Therefore, the food budget will be;
= 20% × $3050
= 0.2 × $3050
= $610
The food budget will be $610.
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