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What is the formula that restaurant managers use to calculate a budget variance?

Conny Young

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4 years ago

What is the formula that restaurant managers use to calculate a budget variance?

What is the formula that restaurant managers use to calculate a budget variance?

▸ Actual expense (-) Budgeted expense (÷) Budgeted expense = Variance

▸ Actual expense (+) Budgeted expense (÷) Budgeted expense = Variance

▸ Actual expense (-) Budgeted expense (X) Budgeted expense = Variance

▸ Actual expense (-) Budgeted expense (X) Budgeted expense = Variance

Textbook

The Professional Restaurant Manager

The Professional Restaurant Manager

Edition: 1^st

Authors: Hayes, Miller, Ninemeier

Read 94 times

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RHorn82

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Thanks for your help!!

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