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Jamie Lee is reviewing her finances one month later. She has provided the actual amounts paid below. Use the cash budget table below to help

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Jamie Lee is reviewing her finances one month later. She has provided the actual amounts paid below. Use the cash budget table below to help her identify the variances in her budget. Each answer must have a value for the assignment to be complete. Enter "O" for any unused categories. $2,445 $1,910 Actual Amounts Income: Gross monthly salary Net monthly salary Savings allocation: Regular savings Rainy-day savings Entertainment: Cake decorating class Movies with friends $170 $45 Monthly expenses: Rent obligation Utilities/electricity Utilities/water Utilities/cable TV Food Gas/maintenance Credit card payment Car insurance Clothing $335 $145 $55 $125 $205 $190 $40 $80 $190 $50 $70 Monthly Expenses: Rent obligation $1,450 $295 $3,500 Utilities/electricity $100 Budgeted Amounts Assets: Checking account Emergency fund savings account Car Computer & iPad Liabilities: Student loan Credit card balance $4,400 $700 Utilities/water Utilities/cable TV Food Gas/maintenance Credit card payment $65 $80 $160 $120 $70 $5,800 $600 II Income (Inflows) $ Salary Other Total income Budgeted Amounts Actual Dollar Percent Variance Amounts 179,000 100% $ 191,000 $ (12,000) 0% $ 0 179,000 100% $ 191,000 $ (12,000) $ Budgeted Amounts Disbursements (Outflows) Dollar Percent Actual Amounts Variance 0 $ $ $ 0.00% 9.50% $ 2.51% 17,000 0 $ 17,000 4,500 21,500 $ $ $ 4,500 4,500 12.01% $ $ 17,000 $ Emergency fund savings Emergency fund Savings (regular) Savings Total savings Fixed expenses Mortgage or rent Property taxes Loan/credit card payment Insurance 0 0 0.00% 0.00% 0.00% 0.00% $ $ $ $ $ 0 0 Other 0.00% 0 $ 0 0.00% $ 0 $ 0 0 0.00% 0.00% $ $ $ 0 0.00% 0 0.00% $ 0 0.00% $ 0 Total fixed expenses Variable expenses Food Utilities Clothing Transportation costs Personal care Medical and health care Entertainment Education Gifts/donations Miscellaneous Other Total variable expenses Total expenses 0.00% $ 0 0.00% $ 0 s 0.00% $ 0 0.00% $ 0 0.00% $ 0 0.00% $ $ 0 $ $ 0 0.00% $ 0 $ 0 $ 21,500 12.01% $ 17,000 $ 4,500 Jamie Lee is reviewing her finances one month later. She has provided the actual amounts paid below. Use the cash budget table below to help her identify the variances in her budget. Each answer must have a value for the assignment to be complete. Enter "O" for any unused categories. $2,445 $1,910 Actual Amounts Income: Gross monthly salary Net monthly salary Savings allocation: Regular savings Rainy-day savings Entertainment: Cake decorating class Movies with friends $170 $45 Monthly expenses: Rent obligation Utilities/electricity Utilities/water Utilities/cable TV Food Gas/maintenance Credit card payment Car insurance Clothing $335 $145 $55 $125 $205 $190 $40 $80 $190 $50 $70 Monthly Expenses: Rent obligation $1,450 $295 $3,500 Utilities/electricity $100 Budgeted Amounts Assets: Checking account Emergency fund savings account Car Computer & iPad Liabilities: Student loan Credit card balance $4,400 $700 Utilities/water Utilities/cable TV Food Gas/maintenance Credit card payment $65 $80 $160 $120 $70 $5,800 $600 II Income (Inflows) $ Salary Other Total income Budgeted Amounts Actual Dollar Percent Variance Amounts 179,000 100% $ 191,000 $ (12,000) 0% $ 0 179,000 100% $ 191,000 $ (12,000) $ Budgeted Amounts Disbursements (Outflows) Dollar Percent Actual Amounts Variance 0 $ $ $ 0.00% 9.50% $ 2.51% 17,000 0 $ 17,000 4,500 21,500 $ $ $ 4,500 4,500 12.01% $ $ 17,000 $ Emergency fund savings Emergency fund Savings (regular) Savings Total savings Fixed expenses Mortgage or rent Property taxes Loan/credit card payment Insurance 0 0 0.00% 0.00% 0.00% 0.00% $ $ $ $ $ 0 0 Other 0.00% 0 $ 0 0.00% $ 0 $ 0 0 0.00% 0.00% $ $ $ 0 0.00% 0 0.00% $ 0 0.00% $ 0 Total fixed expenses Variable expenses Food Utilities Clothing Transportation costs Personal care Medical and health care Entertainment Education Gifts/donations Miscellaneous Other Total variable expenses Total expenses 0.00% $ 0 0.00% $ 0 s 0.00% $ 0 0.00% $ 0 0.00% $ 0 0.00% $ $ 0 $ $ 0 0.00% $ 0 $ 0 $ 21,500 12.01% $ 17,000 $ 4,500

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