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.
Miscellaneous Calcium Facts. 1  Calcium is the 5th most abundant element in the Earth's crust, making up 3.22% of the earth, air, and oceans. 2  Calcium is not found free in nature, but calcium compounds are common. Calcium is the main component of teeth and bones. 2  Calcium is the fifth most abundant element in the human body. 3  Approximately one third of the mass of the human body is calcium after all water is removed.