Question
How do I figure out the var ??
[Prior Quarter] Var +/- Var % Budget Projection Next Q 64,685 901 100 0 59,685 901 0 0 5,000 0 0% 100 100% I 60,586 [Prior Qu
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Answer #1

Variance % = [(Actual / Forecast) – 1]*100

Variance % =[ Var ( +/- ) / budgeted ] *100

Prior Quarter   Budget Projection next Q Var(+/-) Var %

59685 64685 5000 [(59685/64685)-1]*100

=(0.9227023-1)*100

= 7.73%

901 901 0 0%

0 100 100 100%

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