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cost driver examples

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13y ago

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What is cost driver and cost pool?

Cost driver is the basic activity which increases the or utilize the cost while cost pool is that in which all costs are jointly shown for example machine setup cost is cost driver while over all overheads is cost pool.


What is a cost driver?

A cost driver is a factor that causes variations in a cost.


How would you define a cost driver?

The term "cost driver" refers to the activity that causes cost to change.


What is formula of apportioned cost?

The formula for apportioned cost is: Apportioned Cost = Total Cost × (Cost Driver for specific department ÷ Total Cost Driver for all departments)


Is cost allocation base a cost driver?

Yes, it is. When used for allocating costs, a cost driver is often called a cost-allocation base


What is cost driver of customer service cost?

One driver: FFR = field failure rate.


When would you use direct labor as cost driver?

In labor intensive industry direct labor cost is used as cost driver.


What is the cost of obtaining a NYS Enhanced Driver's License?

The cost of obtaining a NYS Enhanced Driver's License is 30 in addition to the standard driver's license fee.


What does driver training cost?

10,000


Who pays for hospital cost after a car accident if the driver doesn't have insurance?

You do and then turn around and sue the driver for the cost of your medical care.


How much does it cost to replace a driver's license?

The cost to replace a driver's license varies by state, but typically ranges from 10 to 30.


How much does it cost to replace your driver's license?

The cost to replace a driver's license varies by state, but typically ranges from 10 to 30.