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The actual cost may have been taken from an ppv inventory meaninginventory layering system, such as a first-in first-out system, where the actual cost varies from the current market price by a。

What is Purchase Price Variance (PPV)? Companies that are selling products are either in control of the manufacturing or implementation。

Purchasing deppv inventory meaningpartments measure PPV when they purchase raw materials. If there is a significant price variance, it needs to be reclassified into the inventory of raw materials, inventory of work-in-progress, cost of products, and。

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