Printer friendly

What does MPV stand for?

MPV stands for Material Price Variance

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of MPV

Other Resources:
We have 76 other meanings of MPV in our Acronym Attic

Samples in periodicals archive:

The reconciliation statement is as follows: $ Flexed budget material 9,000 units x 1,701,000 cost (original standard) $189 Material price planning 36,000kg x ($25/kg 72,000 favourable variance--ingredient A - $23/kg) Material price planning 27,000kg x ($22/kg 54,000 favourable variance--ingredient B - $20/kg) Flexed budget material 1,575,000 cost (revised standard) Material price operational (35,000kg x 105,000 adverse variance--ingredient A $23/kg) - $910,000 Material price operational (28,000kg x 70,000 adverse variance--ingredient B $20/kg) - $630,000 Material price variance (27,000kg x 14,500 favourable -ingredient C $11.