PPV = [PO UNIT PRICE - STANDARD UNIT COST] * QTY RECEIVED IPV = [PO UNIT

difference between purchase price variance and invoice price
variance???

Question Posted / ibrahim mohammed

Answer Posted / ibrahim mohammed

PPV = [PO UNIT PRICE - STANDARD UNIT COST] * QTY RECEIVED

IPV = [PO UNIT PRICE - INVOICE PRICE] * QTY INVOICED

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