Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of finance templates and cheat sheets.
This revenue variance analysis template demonstrates how to use the column-based approach to calculate the three different types of revenue variance.
This is what the revenue variance analysis template looks like:
Download the Free Excel Template
Enter your name and email in the form below and download the free template now!
Revenue Variance Analysis is used to measure differences between actual sales and expected sales based on sales volume metrics, sales mix metrics, and contribution margin calculations. Information obtained from Revenue Variance Analysis is important to organizations because it allows management to determine actual sales performance in relation to the perceived performance of the company for specific products. It helps businesses identify which products are performing better in the market. Overall, variance analysis helps management make better strategic and business-level decisions to maximize its profitability.
Flexible Budget Variance (FBV)
Sales Mix Variance (SMV)
Sales Quantity Variance (SQV)
Difference between the actual contribution margin and the standard contribution with sales mix and sales volume held constant
Difference between the actual product mix and the standard product mix with sales volume and contribution margin held constant
Difference between the actual volume of sales and the standard (estimated) volume of sales with sales mix and contribution margin held constant
More Free Templates
For more resources, check out our business templates library to download numerous free Excel modeling, PowerPoint presentation, and Word document templates.
Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy.
A well rounded financial analyst possesses all of the above skills!
Additional Questions & Answers
CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path.
In order to become a great financial analyst, here are some more questions and answers for you to discover:
Take your learning and productivity to the next level with our Premium Templates.
Upgrading to a paid membership gives you access to our extensive collection of plug-and-play Templates designed to power your performance—as well as CFI's full course catalog and accredited Certification Programs.
Already have a Self-Study or Full-Immersion membership? Log in
Access Exclusive Templates
Gain unlimited access to more than 250 productivity Templates, CFI's full course catalog and accredited Certification Programs, hundreds of resources, expert reviews and support, the chance to work with real-world finance and research tools, and more.