Cost Driver Definition
Cost Driver Definition:
Cost driver is a factor, such as machine-hours, beds occupied, computer time, or flight-hours, that causes overhead costs.
Other Related Accounting Articles:
- Activity Cost Driver
- Variable Overhead Efficiency Variance Definition
- Allocation Base Definition
- Calculating Full Time Equivalent
- Standard Hours Allowed Definition
- How to Calculate Activity Based Costing
- Direct Labor Idle Time Variance
- Standard Hours Per Unit Definition
- Direct Labor Efficiency Variance
Or
Download E accounting book in MS-word format for just 20 $ - Click here to Download
