formula to allocate total variance

[shrijan]

hi Excel gurus,

I am trying to spread the total variance between budget & actual spend for two items in the attached spread sheet.
The way it works is as:

total variance calculated as: (Actual FO% - Budget FO%) * Actual total spend = -$200 in the attached.

There are two items.

I need to allocate this -$200 to these two items. When I use the above formula for each item, I get the allocation as $500 each (as shown)

Is there an excel formula that can calculate this allocation amount for each item so that the total allocation comes to -$200. This is more of a complex exercise when there are around 1000 items involved.

Thank you.

SBook1.xlsx

[6StringJazzer]

shrijan, every thread in this subforum is about an Excel formula. Please provide a title that gives some insight to your specific question.

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