Purchasing & Inventory
Purchase Price Variance Calculator
Calculate purchase price variance for hotel and restaurant operations.
Actual vs Theoretical Variance Percentage Calculator
Use this tool to review actual vs theoretical variance percentage with a consistent period, denominator, and operating rule.
- No login required
- Save in this browser
- Optional account sync
- Built for hotel operators
Formula
How this calculator works
This formula converts source operating values into actual vs theoretical variance percentage for quick review.
AvT Variance % = ((Actual COGS − Theoretical COGS) ÷ Theoretical COGS) × 100
Context
Why this metric matters
restaurant system compares actual vs theoretical in quantity, dollars, and % of net sales. Helpful for shrinkage diagnosis.
Hotel insight
Industry context
- restaurant system compares actual vs theoretical in quantity, dollars, and % of net sales. Helpful for shrinkage diagnosis.
- Small changes in denominator rules can move the result, so keep the same reporting basis when comparing periods.
Operational notes
Before you act on the number
- ($20,000 − $18,850) ÷ $18,850 × 100 = 6.10%
- Confirm whether internal-use, complimentary, adjustment, or excluded activity should be included before comparing periods.
- Use this result as an operating guide and review it with the supporting business context.