How does the Sales Price Variance Calculator work?
Free Sales Price Variance Calculator - Calculates the Sales Price Variance and Total Variance for a group of products
This calculator has 4 inputs.
What 1 formula is used for the Sales Price Variance Calculator?
Total Sales Price Variance = Σ(total sales price variances)
What 8 concepts are covered in the Sales Price Variance Calculator?
- actual
- results or observations that happen in real life
- difference
- the result of one of the important mathematical operations, which is obtained by subtracting two numbers
- expected
- results or observations that are predicted
- price
- the amount of money expected, required, or given in payment for something
- quantity
- amount of something
- sale
- the exchange of a commodity or service for money; the action of selling something
- sales price variance
- the difference between a business's expected price of a product or service and its actual sales price
- variance
- How far a set of random numbers are spead out from the mean