Question: 1. Explain what is meant by a cost driver. Identify an appropriate cost driver or cost drivers for analyzing the cost structure of the book

1. Explain what is meant by a cost driver. Identify an appropriate cost driver or cost drivers for analyzing the cost structure of the book donations department within the university's library. Justify your answer. 2. Explain what is meant by relevant range. Based on the cost driver of number of books processed, identify the current relevant range of activity for the book donations department. Justify your answer. Explain why the consideration of relevant range is significant to the analysis here. 3. Cost Analysis (note: you may want to present your classifications for this requirement in table format): a. Identify each cost associated with the library's book donations department. 1. Explain what is meant by a cost driver. Identify an appropriate cost driver or cost drivers for analyzing the cost structure of the book donations department within the university's library. Justify your answer. 2. Explain what is meant by relevant range. Based on the cost driver of number of books processed, identify the current relevant range of activity for the book donations department. Justify your answer. Explain why the consideration of relevant range is significant to the analysis here. 3. Cost Analysis (note: you may want to present your classifications for this requirement in table format): a. Identify each cost associated with the library's book donations department

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