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What is a cost driver? What is the role of cost driver in tracing costs to products?

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What is a cost driver? What is the role of cost driver in tracing costs to products?

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A cost driver is a factor or variable that significantly influences or drives the cost of a particular activity or process within a business Cost drivers are used in cost accounting and managerial acc…View the full answer


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Related Book For  answer-question
Cost Accounting

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

See More Books
Question Details
Chapter # 8- A CTIVITY-BASED COSTING..
Section: Theory Questions
Problem: 2
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Question Posted: September 05, 2023 01:59:25
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