<s>[INST] Edward Black is in charge of reviewing a proposed budget format submitted by the department of accounts. The performance review for printing is as follows:

| Item            | Estimate | Actual | Variance | % from estimate|
|-----------------|----------|--------|----------|----------------|
| Rollers         | 100      | 125    | 25       | 25%            |
| Ink             | 100      | 90     | -10      | -10%           |
| Maintenance     | 150      | 165    | 15       | 10%            |
| Miscellaneous   | 50       | 60     | 10       | 20%            |
| Labor           | 2000     | 2060   | 60       | 3%             |
| Paper           | 2000     | 1995   | -5       | -0.25%         |
| Total costs     | 4400     | 4495   | 95       | 2.16%           |

Given that globally, the budget format is projected to exceed by 2.16%, can I consider the % from estimate as the variance?[/INST]