Question: the example budget given. Example BUDGET SHEET Joyah's Budget Use budget sheets to set up and maintain Joyah's budget. Then, answer the question to identify
the example budget given.

Example BUDGET SHEET Joyah's Budget Use budget sheets to set up and maintain Joyah's budget. Then, answer the question to identify her budget position Her plannad income and expenses as follows: Income Job#1 Job#2 Jobi 3 Total monthly income Budget $ $ $ $ Actual $ $ $ $ Difference $ $ $ $ Budget Actual Difference Jayah works part-time at a greeting card company and part-time at a record store. The net monthly income from her first job is RM600. The net monthly income from her second job is RM800. Her planned fixed monthly expenses include: RM200 for room rent RM175 for motorcycle installment payment RM220 for life Insurance Her planned variable discretionary expenses include: RM100 (to save for post-secondary education) RM150 for food RM40 for gas and oil. RM50 for dothes RM60 for entertainment RM30 for personal and household items $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ How her month actually went as follows: 1. What she made: Joyah made RM45 in overtime pay this month at a record store. $ $ $ $ $ $ Expenses Foed expenses Savings Rent Car insurance Car payment Other Other Flexible expenses Food/Enting out Utilities Transportation Bus fare Gas and oil Parking and tols Repairs Other (e.g, tickets) Clothing Entertainment Personal items Medical (e.g. Rx Household items Tuition School expenses Other Other Other Total monthly expenses . $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ . $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2. What her fixed expenses actually were Rent went up to RM225, starting this month Her monthly motorcycle payment was RM175. Her monthly life insurance premium, as of this month, went up to RM295 3. What her variable discretionary expenses actually were RM190 for food (she had a dinner party for which she hadn't budgeted) RM80 for gas and oil (her motorcycle needed an oil change) RM34 for phone top up. RM220 for motorcycle repairs RMBO for a new pair of running shoes RM70 for entertainment RM80 for personal items RM36 for a birthday present for her mother $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 4. Unforeseen events Joyah bought two Motor GP lickets in one week. The total cost of both tickets is RM230. How does her budget look now? 1. What is the difference between Joyah's planned expenses and her actual expenses? 2. In what areas did she overspend? 3. In what areas did she spend less than she planned? 4. How much did she spend for the use of her lovely motorcycle this month? 5. How much money did she have at the end of the month to put into savings
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