Costs drivers can typically be based on output volume or activity. Using volume based drivers to allocate

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Costs drivers can typically be based on output volume or activity.

Using volume based drivers to allocate indirect cost would generally result in more indirect costs being allocated to high volume products.

All of the following are volume based cost drivers, except:

Group of answer choices

Direct labour hours

Time taken to set-up machines

Units of output

Machine hours

Direct material quantity (kg)

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Feb 03, 2024 02:03 AM

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Costs drivers can typically be based on output volume or activity. Using volume based drivers to allocate

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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