Fran Powers created the following budget and reported the actual spending listed. Calculate the variance for each

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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.

Actual $298 334 982 134 231 Budgeted $360 Variance Deficit/Surplus Item Food Transportation Housing Clothing 320 950 110

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 22, 2018 07:14 AM

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Fran Powers created the following budget and reported the actual spending listed. Calculate the variance for each

Question:

Actual $298 334 982 134 231 Budgeted $360 Variance Deficit/Surplus Item Food Transportation Housing Clothing 320 950 110 275 Personal

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Food 62 surplus trans...View the full answer

Focus On Personal Finance

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