Factors associated with a business activity, including events, resources, or conditions, that create changes in the cost of the business activity when their associated cost changes. Cost drivers for a business activity such as investment may include brokers' fees, hedging costs associated with managing risk, and software expenses.
Related information about cost driver:
- Cost driver - Wikipedia, the free encyclopedia
A cost driver is the unit of an activity that causes the change of an activity cost. The Activity Based Costing (ABC) approach relates indirect cost to the activities ...
- What is cost driver? definition and meaning
Definition of cost driver: A factor that can causes a change in the cost of an activity. An activity can have more than one cost driver attached to it. For example , a ...
- Activity Cost Driver Definition | Investopedia
A factor that influences or contributes to the expense of certain business operations. In activity based costing (ABC), an activity cost driver is something that ...
- What is a cost driver? | AccountingCoach.com Q&A
Ideally, a cost driver is an activity that is the root cause of why a cost occurs. In the past century, the root cause of indirect manufacturing costs has.
- Practical Issues in Cost Driver Selection for Managerial Costing ...
Remember that a cost driver is simply another measure that is used to ... cost driver is an important design issue that can have considerable impact on ...
- Cost Driver - Homework Help: Maths, Physics, Chemistry | Online ...
The process of identifying a cost driver requires looking closely at the expense of producing a product and the effect that the driver has on that cost. When a cost ...
- How to Determine Cost Drivers | Chron.com
Furthermore, a cost driver provides the basis for cost allocation among ... The purpose of having a cost driver is to better distribute the cost of a target cost object ...
- What Is a Cost Driver?
A cost driver is a factor or event that has some type of direct or indirect impact on the cost related to a specific activity...