The Budget Variance project is your opportunity to estimate your expense budget (for selected items) for a month, collect data for two months, compare your estimate with your actual expenses, and analyze why they are different (if they are different). This projects allow you to tie variance analysis and cash budgets to your personal experiences. Budget quiz #1 has you report your estimated expenses for: Shelter (rent, mortgage) Food (groceries and meals eaten out, your food plan, etc.) Transportation (fuel, Uber fares, air fare, bicycle parts, etc) Utilities (phone, natural gas, electricity, water) Entertainment (games, sporting event tickets, show/movie tickets, going out with friends for a drink, sports, etc.) Create an Excel spreadsheet to keep track of your weekly expenses. You will report your weekly totals every other week in a budget quiz. Question at position 1 1 Essay 0.6 points Question at position 1 Estimate how much do you spend each month on Shelter (rent, mortgage).