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Purchasing departments 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 productsppv inventory meaning, and。

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

PPV is the difference between a product or service’s purchase and selling price. This calculation considers discounts, rebates, allowances, and other deductions from the。

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