How to use the purchase price variance calculator
- Standard unit price: Budgeted or standard price.
- Actual unit price: Price actually paid.
- Quantity purchased: Units purchased.
- Select the button and review the result.
Worked example
A 1.25 unfavorable difference over 1,000 units is 1,250.
Method and limitations
(Actual price - standard price) × quantity.
Label favorable or unfavorable according to your organization’s accounting convention.
Common questions
Why might another result be different?
Inputs, rounding, policies, rates, and assumptions can differ. Compare like-for-like values and use current official information when a rate or rule can change.
Does NidXee save my entries?
No. The calculation runs in your browser. Reloading or closing the page may clear it.