Variance Analysis.xlsx

Key Features:

Variance Breakdown:

Tracks performance metrics such as Volume, Price, Revenue, Variable Costs, Fixed Costs, and Profit.

Highlights percentage (%) changes, value differences, and their respective impacts.

Waterfall Chart:

Visualizes the transition from budgeted profit to actual profit by displaying the impact of individual factors like volume, price, variable costs, and fixed costs.

Ease of Interpretation:

Organized layout, making it easy to pinpoint areas requiring attention.

Per-unit analysis for better granularity.

Business Applications:

Useful for small retailers or businesses aiming to monitor cost control, pricing strategy, and operational efficiency.

Provides actionable insights into underperforming areas (e.g., reduced volume) and opportunities (e.g., higher pricing).

This product serves as a practical Excel tool for financial analysis, suitable for businesses seeking to enhance decision-making with clear, data-driven insights