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Example of cost driver

Anonymous

∙ 13y ago

Updated: 9/18/2023

cost driver examples

Wiki User

∙ 13y ago

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Continue Learning about Accounting

What is cost driver of customer service cost?

One driver: FFR = field failure rate.

Is the cost of a new factory an example of a fixed cost?

yes it is an example of fixed cost

What is the Formula for cost allocation rate?

allocation rate=cost pool amount/ cost driver volume

Direct labor cost is an example of a period cost?

false

A primary driver of overhead cost in continuous manufacturing operations is?

Machine Hours

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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.

Still have questions?

Example of cost driver

Still curious? Ask our experts.

Add your answer:

What is cost driver of customer service cost?

Is the cost of a new factory an example of a fixed cost?

What is the Formula for cost allocation rate?

Direct labor cost is an example of a period cost?

A primary driver of overhead cost in continuous manufacturing operations is?

What is cost driver and cost pool?

What is a cost driver?

How would you define a cost driver?

What is formula of apportioned cost?

Is cost allocation base a cost driver?

What is cost driver of customer service cost?

When would you use direct labor as cost driver?

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

What does driver training cost?

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

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

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

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