1. Find average actual spending across all months
| Category | Month | Budgeted | Actual | Variance |
| Groceries | Jan | 500 | 480 | -20 |
| Groceries | Feb | 500 | 520 | 20 |
| Utilities | Jan | 200 | 210 | 10 |
| Utilities | Feb | 200 | 195 | -5 |
| Transport | Jan | 300 | 290 | -10 |
| Transport | Feb | 300 | 315 | 15 |
=AVERAGEA(480, 520, 210, 195, 290, 315)Result: 335
AVERAGEA sums the six actual spending values (480+520+210+195+290+315=2010) and divides by 6, yielding 335. This gives the mean spending across all categories and months.