Fran Powers created the following budget and reported the actual spending listed. Calculate the variance for each of these categories, and indicate whether it was a deficit or a surplus. (Obj. 3)

Item Budgeted Actual Variance Deficit/Surplus Food $350 $298 _______ _______ Transportation 320 337 _______ _______ Housing 950 982 _______ _______ Clothing 100 134 _______ _______ Personal 275 231 _______ _______