There are several effective ways to visualize a company's actual and budgeted monthly expenses. One of the most common methods is using bar charts or line graphs, where the x-axis represents the time period (months) and the y-axis represents the expenses. Each month can have two bars or points, one for actual and one for budgeted expenses. This allows for a direct comparison between the two. Another method is using a heat map, where different colors can represent the degree of variance between the actual and budgeted expenses. A bullet chart can also be used to display the variance between actual and budgeted expenses. Lastly, a thermometer chart can be used to visually represent the percentage of the budget that has been spent.
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