Price Variance. Definition: Price variance is the actual unit cost of a purchased item, minus its standard cost, multiplied by the quantity of actual units purchased. The price variance formula is: (Actual cost incurred-standard cost) x Actual quantity of units purchased. = Price variance. If the actual cost incurred is lower than the standard cost, this is considered a favorable price variance.
Calcium occurs in water naturally. Seawater contains approximately 400 ppm calcium. One of the main reasons for the abundance of calcium in water is its natural occurrence in the earth's crust.
A spring occurs when groundwater appears at the land surface. Springs occur in various forms and are classified by the rock type in which the spring occurs, how the spring was formed, how much water flows from the spring, the temperature of the water, and if the water flow varies from season to season.