Percentage Expense Variance v2

The Expense Variance Percentage calculator computes the percentage that represents the variance (V) in expenses divided by the budgeted expense (bs).

INSTRUCTIONS: Choose your preferred currency units and enter the following:

• (V)  This is the variance or difference from the budgeted to the actual expenses.
• (bs) This is the budgeted expenses.

% Variance in Expenses: The calculator returns the percent change represented by the variance compared to the budgeted expenses.

Related Calculators:

• To compute the % variance in expenses from the budgeted expenses to the actual expenses, CLICK HERE.

The Math / Science

In budgeting (or management accounting in general), a variance is the difference between a budgeted, planned or standard cost and the actual amount incurred/sold. Variances can be computed for both costs and revenues. This equation shows the percentage of variance in relation to expense.

Resource:

• Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.