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How to calculate revenue and expense variance to the budget Before analyzing what budget variances mean, they must first be calculated.
Sales Variance Formula Calculating sales volume variance is simple, as long as you know how many units you projected to sell, how many units you actually sold and the cost per unit.
If it's late in the budget cycle when the variance occurs, it can be difficult to find enough savings to overcome a large negative financial variance.
How to Calculate Variance in OpenOffice. Variance is a statistical calculation that numerically describes the amount of variation in a data set. If values in a data set wildly fluctuate, variance ...
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