That’s where Excel’s powerful ... separate columns for budget and actual values. Customize headers, sorting, and totals using optional arguments in the function. Add variance and percentage ...

A budget variance is a periodic measure used by governments, corporations, or individuals to quantify the difference between budgeted and actual figures for a particular accounting category.

The formula for ... Production volume variance can be considered a stale statistic. It may be calculated against a budget that was drafted months or even years before actual production.