Question: 2 In explaining cost behaviour we refer to the level of activity as a cost driver. What do we mean by level of activity and

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In explaining cost behaviour we refer to the level of activity as a cost driver. What do we mean by level of activity and why is it a cost driver? What role do cost drivers play in identifying cost behaviour patterns? LO

3.2

2 In explaining cost behaviour we refer to the level of

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In explaining cost behaviour we refer to the 'level of activity' as a cost driver. What do we mean by 'level of activity' and why is it a cost driver? What role do cost drivers play in identifying...

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