Quantity Variance Calculator


The quantity variance (Labor Efficiency Variance) can be explained as the difference between the planned usage of something with the actual usage. For instance, a manufacturing firm plans to use 100 pounds of iron for a project. But, after completing the project it is noted that 110 pounds of iron has been consumed for that same project. Hence, the additional 10 pounds is the quantity variance.

The quantity variance can be found out using the below formula:

Quantity Variance Formula


Enter the standard price, standard quantity and the actual quantity in the below calculator's input boxes and click calculate to find the quantity variance.





Standard Price($):
Standard Quantity:
Actual Quantity:
Quantity Variance($):






Latest Calculator Release


Average Acceleration Calculator

Average acceleration is the object's change in speed for a specific given time period. ...


Free Fall Calculator

When an object falls into the ground due to planet's own gravitational force is known a...


Torque Calculator

Torque is nothing but a rotational force. In other words, the amount of force applied t...


Average Force Calculator

Average force can be explained as the amount of force exerted by the body moving at giv...


Angular Displacement Calculator

Angular displacement is the angle at which an object moves on a circular path. It is de...