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Business, 19.03.2020 17:02 arielpraczko1

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.

Item budgeted actual variance deficit/surplus
Food $350 $298
Transportation 320 337
Housing 950 982
Clothing 100 134
Personal 275 231

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