https://www.accountingtools.com/articles/what-is-an-unfavorable-variance.html

Feb 6, 2018 ... An unfavorable variance is encountered when an organization is comparing its actual results to a budget or standard. The variance can apply ...

https://www.accountingtools.com/articles/what-does-a-favorable-variance-indicate.html

Mar 4, 2018 ... When revenue is involved, a favorable variance is when the actual revenue ... Obtaining a favorable variance (or, for that matter, an unfavorable ...

https://bizfluent.com/info-10047964-difference-between-favorable-unfavorable-variance.html

Jan 25, 2019 ... Variances are either favorable or unfavorable. A favorable variance occurs when net income is higher than originally expected or budgeted.

https://courses.lumenlearning.com/wm-accountingformanagers/chapter/favorable-versus-unfavorable-variances/

Favorable and unfavorable variances can be confusing. As a manager at a local movie theatre, you notice the expense for popcorn was way higher than ...

https://www.investopedia.com/terms/u/unfavorable-variance.asp

Jan 29, 2018 ... An unfavorable variance is the opposite of a favorable variance where ... would be an unfavorable (or negative) variance of $20,000, or 10%.

https://www.investopedia.com/terms/b/budget-variance.asp

Apr 29, 2019 ... A favorable budget variance refers to positive variances or gains; an unfavorable budget variance describes negative variance, meaning losses ...

https://www.accountingcoach.com/blog/favorable-budget-variance

A favorable budget variance indicates that an actual result is better for the company (or other organization) than the amount that was budgeted. Here are three ...

https://pakaccountants.com/what-does-favourable-and-unfavourable-variance-mean/

Apr 12, 2013 ... Variances are analysed in terms of being favourable or unfavourable for business and are monetized as a difference given a financial value it is ...

https://www.accountingcoach.com/terms/F/favorable-variance

A difference between an actual cost and a budgeted or standard cost, and the actual cost is the lesser amount. In the case of revenues, a favorable variance ...

https://www.principlesofaccounting.com/chapter-22/variance-analysis/

Or, one can perform the algebraic calculations for the price and quantity variances. Note that unfavorable variances (negative) offset favorable (positive) ...