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 carbonate is a common, naturally occurring calcium salt that is often used as a source of calcium in supplements. Its abundance in nature makes calcium carbonate the least expensive supplemental calcium salt. It is also a major component of some types of stone that are used in architecture and sculpture.
More about calcium carbonate geology. The most common crystal arrangement for naturally-occurring calcium carbonates is the hexagonal form of calcite. Less common is aragonite, which has a discrete or clustered needle, orthorhombic crystal structure.