Price cost variance calculator
Price cost variance
Value the unit-price change at actual consumption to isolate the price contribution to cost variance.
Vprice=Qactual×(pactual−pbudget)
Calculator
Enter the values you know and leave one box empty. Calculate finds the empty one, the result or any input.
Worked example
Given
- Qactual = 8,600 purchase unit
- pactual = 1.2 $/purchase unit
- pbudget = 1.1 $/purchase unit
Vprice=8600×(1.2−1.1)=860
Symbols and units
| Symbol | Meaning | Unit |
| Vprice | cost effect of price change | $ |
| Qactual | actual quantity | purchase unit |
| pactual | actual unit price | $/purchase unit |
| pbudget | budget unit price | $/purchase unit |
Results are estimates for study and screening. Check the inputs, units and assumptions before you use them for design, billing or contract decisions.