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Read more: Cost Variance: Definition, Formula and Examples Why is PPV important? Most manppv inventory meaningufacturers agree that raw materials take up most of their running costs,。

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

For example, if you save $5000 on a purchaseppv inventory meaning order, this favorable PPV shows that your procurement practices are yielding cost savings and can be used as a benchmark for future。

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