Analysis
This query is : Resolved
Guest
Guest
(Querist)
19 September 2012
Hi expert,
What is Sales, variance & Margin analysis?
How is it done in a company??
thanks
What is Sales, variance & Margin analysis?
How is it done in a company??
thanks
Amol S Joglekar
(Expert)
19 September 2012
Variance is calculated with respect to BUDGETED/PLANNED versus ACTUAL. In case of sales variance, the total variance is further analysed into quantity and price variance. The margin analysis, in ACCOUNTING context, refers to analysis of net profit.
Guest
Guest
(Querist)
19 September 2012
Thanks Amol.
Could you some reasons for Profit variance.
Could you some reasons for Profit variance.
Amol S Joglekar
(Expert)
20 September 2012
The profit variance is calculated with respect to the BUDGETED/PLANNED profit versus actual profit. The TOTAL variance is further bifurcated in the same way as that of SALES. (In the absence of quantity records, only the total profit variance is computed)
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