Question: A cost driver is: Question 3 Answer a . a factor that causes variations in a cost. b . the largest single category of cost

A cost driver is:
Question 3Answer
a.
a factor that causes variations in a cost.
b.
the largest single category of cost in a company.
c.
a fixed cost that cannot be avoided.
d.
an indirect cost that is essential to the business.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Question 5 ( 1 point ) What is an activity base? It is the largest single category of cost in a company. It is an indirect cost that is essential to the business. It is a measure of whatever causes a...

Q:

A cost driver is A. an indirect cost that's essential to the business. B. the largest single category of cost in a company. C. a fixed cost that can't be avoided. D. a factor that causes variations...

Q:

Problem 1 Since its inception, Monterey Corporation has produced a single product, Product A24.The company added the technological capability to begin producing a second product, Product D36.Because...

Q:

Problem 1 Since its inception, Monterey Corporation has produced a single product, Product A24.The company added the technological capability to begin producing a second product, Product D36.Because...

Q:

Problem 1 Since its inception, Monterey Corporation has produced a single product, Product A24.The company added the technological capability to begin producing a second product, Product D36.Because...

Q:

this is the questionplease help me thanksits a project about renovation one level of a building. project management case . This is a renovation project On the basis of group work as a personal...

Q:

I need help analyzingthe following question in regards to outsourcing versus shared services - What course of action do you recommend to Shirley Davis? Support your recommendation with appropriate...

Q:

I need help analyzingthe following question in regards to outsourcing versus shared services - What course of action do you recommend to Shirley Davis? Support your recommendation with appropriate...

Q:

Page 1: Question 5 (1 point) 2 3 Listen What is an activity base? 4 un 6 It is a measure of whatever causes a variable cost to be incurred 7 8 9 It is an indirect cost that is essential to the...

Q:

Instructions: The attached excel file includes the raw data (which has not been reviewed for errors). A second tab includes graphs that provide a visual analysis of each of the possible cost drivers...

Q:

The following data were taken from the balance sheet accounts of Masefield Corporation on December 31, 2007. Current assets ........ $540,000 Investments .......... 624,000 Common stock (par value...

Q:

Preparing an Income Statement, Statement of Stockholders Equity, and Classified Balance Sheet Refer to E3-10. Required: Use the ending balances in the T-accounts in E3-10 to prepare the following: 1....

Q:

Sheridan Manufacturing Co . is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of $ 9 0 6 , 0 0 0 , and project B ' s cost is $ 1 , 1 9 0 , 4 0...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....