Cost Variance vs Average for a FY

DAX DAX Calculations
1

Hi all,

I am trying to calculate a cost variance analysis tab in one of my reports. I want to calculate the average of the cost of goods by month and then taking each month in turn and calculating the square of the difference between the cost for the month and the average cost for that product for FY’20.
Could anyone guide me on which measures should I create to get this result. Attached sample excel to show the results I need.
I have the Actual Cost and Total Cost = SUM(Actual Cost) measures created in my dashboard.
Thanks,
NupurCopy of Book3.xlsx (9.3 KB)

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@Nupur
It would be helpful if you could also share your actual or sample source excel file. We don’t know how your data is organized. I believe the file you have attached is the template of Dashboard.

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Hi @MudassirAli,

Apologies. I have attached sample file.
The excel which I attached in my previous post is what I would like to see in the visual in the Power BI Report.

Please let me know if it is still not clear.

Thanks,
NupurSales Report MNF Test File.pbix (2.6 MB)

5

Hi,
Try to have a look on Sam’s video on “Rolling Averages”, it may help you with your solution.

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@Nupur

I created two simple measures to get it working. One for the Average Cost and the second for Sq of the Diff.

Average Cost =
DIVIDE ( [Total Cost], COUNT ( Time_Entity[Month] ) ) 

Sq of the Diff =
VAR Diff = 
[Total Cost] - [Average Cost] 
RETURN 
POWER ( DIFF, 2 )

I created a calculated column for Month Name in DateTable however, I would prefer to create it in Query.

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11920×1080 200 KB

The final result that I got is:

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21920×1080 210 KB

Attaching the PBIX file for your review. Let me know if this works.

Sales Report MNF Test File.pbix (2.6 MB)

Thanks.

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