In explaining cost behaviour we refer to the 'level of activity' as a cost driver. What do

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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?

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Management Accounting

ISBN: 9781760421144

7th Edition

Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton

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Question Posted: Nov 01, 2017 05:31 AM

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In explaining cost behaviour we refer to the 'level of activity' as a cost driver. What do

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A cost driver is an activity or factor that causes costs ...View the full answer

Management Accounting

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