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Actual Price in Financial Formulas
Actual Price refers to the real cost per unit of a specific item, material, product, or resource that has been incurred within a certain timeframe. And is denoted by ACP.
Financial formulas that make use of Actual Price
f
x
Material Cost Variance
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f
x
Material Price Variance
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FAQ
What is the Actual Price?
Actual Price refers to the real cost per unit of a specific item, material, product, or resource that has been incurred within a certain timeframe.
Can the Actual Price be negative?
{YesorNo}, the Actual Price, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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