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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。

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

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

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