Answer / arta napitupulu

invoice price variance = invoice price - po price
purchase price variance = std price - actual price

Answer / k.narayanasamy

IPV=Invoice price-PO Price

PPV=STD Price-PO Price (It is using only in the Standard
cost organization).

Answer / nagendra

For purchased items, if the standard cost differs from the
actual purchase price, you have a purchase price variance
(PPV).
Variance are Difference between the PO Price and Invoice
Price i.e
IPV - Inv Qty*(INV Price - PO Price )*Inv Rate

Answer / aravind reddy

difference betwen invoice price and purchase order price
this difference goes to the invoice price varience and
purchase price varience account in inventory organaisation

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