What is total landed cost

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1. What are some potential problem caused by evaluating purchasing departments with PPV (Purchase Price Variance)? Why do people sometimes use PPV to evaluate purchasing departments?

2. What is total landed cost? List the components and discuss why it is important to compute accurately?

3. Write at least three examples of hypotheses that involve a managerial action statement. Provide a corresponding decision statement for each.

Reference no: EM132214864

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