Variances

System Posts: 100,534 🤖 Admin 🤖

February 2006 edited June 18 in AAT student discussion

Could anyone explain to me exactly how to calculate a percentage on the difference between a forecast figure and an actual. Am taking the devolved next week and I'm still not 100% sure!!! :?

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Comments

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  System Posts: 100,534 🤖 Admin 🤖

  February 2006

  Re:Variances
  
  hi
  
  i think its
  
  variance x 100 / budget = percentage
  
  example
  
  budget actual variance percentage
  100,000 105,600 5600(a) 5.6 (a)
  
  hth

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