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AWS - Calculating Variance %

aliclairaliclair New MemberRegistered Posts: 7
I have sales figures for 2004/05 and 2005/06, have worked out the variances for each month but now have to work out the % based on the 2004/05 figures, for example:

Sales Sales Varience

530 545 15

To get the % variance am I correct in saying that 15/530x100 which would give 2.8% which would be a positive percentage change?

Any help would be appreciated as I am confusing myself with positives and negatives!!:001_unsure:


  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 2,034
    Your sales are 2.8% more than budgeted, so you are correct.
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  • leevictoria18@hotmail.com[email protected] Just Joined Registered Posts: 4
    Hope i can help. If yours sales are up its obviously a positive as we know. But when you calculate any costs risen i.e salaries, admin, cost of goods, that is a negative we DONT like the RISING of COSTS and so thats shown as a negative.
  • aliclairaliclair New Member Registered Posts: 7
    Thanks for the replies, they were a great help.

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