Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Jamie Lee is reviewing her finances one month later. She has provided the actual amounts paid below Use the cash budgettable below to help her
Jamie Lee is reviewing her finances one month later. She has provided the actual amounts paid below Use the cash budgettable below to help her identify the varlances in her budget Each answer must have a value for the assignment to be complete Enter for for any unused categories $2.500 $1,960 Actual Amounts Income: Gross monthly salary Net monthly salary Savings allocation: Regular savings Rainy day savings Entertainment Cake decorating class Movies with friends $175 $20 Monthly expenses: Rent obligation Utilities/electricity Utilities/water Utilities cable TV Food Gas/maintenance Credit card payment Car Insurance Clothing $345 $160 $50 $135 $220 $200 $65 $90 $200 $55 $75 Monthly Expenses: Rent obligation $1,500 $300 $105 $3,600 $4,500 $750 Budgeted Amounts Assets: Checking account Emergency fund Savings account Car Computer & iPad Liabilities: Student loan Credit card balance Income Gross monthly salary Net.monthly salary Savings allocation: Regular savings y day savings $5.900 $650 Utilities/electricity Utilities/water Utilities/cable TV Food Gas/maintenance Credit card payment Car Insurance Clothing Entertainment: Cake decorating class Movies with friends $70 $85 $170 $125 $75 $75 $75 $2,375 $1835 $55 $75 5175 $20 Budgeted Amounts Income (Inflows) Dollar Percent Actual Variance Amounts 0 $ 0 NaN 0 Salary Other Total income $ 0 NaN 0 0 0 NaNNaN 0 0 Budgeted Amounts Dollar Percent Actual Amounts Variance 0 0 NaN NaN $ 0 $ 0 NaN 0.00% 0 $ 0 05 0 0 NaN NaN 0 Disbursements (Outflows) Emergency fund savings Emergency fund Savings (regular) Savings Total savings Fixed expenses Mortgage or rent Property taxes Loan/credit card payment Insurance Other Total fixed expenses Variable expenses Food Utilities Clothing Transportation costs Personal care Medical and neat care Na $ 0 NaN S 0 on 0 NaN 0.00% 0 $ OS 0 S NaN NaN NaN S S NaN NaN NaN 0.00% S NaN NaN $ NaN 0 NaN NaN 0 $ $ 0 0.00% $ 0 NaN $ 0 Savings Total savings Fixed expenses Mortgage or rent Property taxes Loan/credit card payment Insurance Other 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 NaN NaN 0 $ $ NaN 0 NaN 0 NaN $ 0 NaN $ 0 $ 0 NaN NaN 0 NaN $ 0 NaN $ 0.00% S 0 $ $ $ $ ololo 0 NaN $ 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started