A cost driver is a factor that causes variations in a cost.
cost driver examples
The term "cost driver" refers to the activity that causes cost to change.
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.
The formula for apportioned cost is: Apportioned Cost = Total Cost × (Cost Driver for specific department ÷ Total Cost Driver for all departments)
Yes, it is. When used for allocating costs, a cost driver is often called a cost-allocation base
One driver: FFR = field failure rate.
In labor intensive industry direct labor cost is used as cost driver.
The cost of obtaining a NYS Enhanced Driver's License is 30 in addition to the standard driver's license fee.
10,000
You do and then turn around and sue the driver for the cost of your medical care.
The cost to replace a driver's license varies by state, but typically ranges from 10 to 30.
The cost to replace a driver's license varies by state, but typically ranges from 10 to 30.