Which of the following is an example of a cost driver?

Name: Which of the following is an example of a cost driver?
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Question

Quizplus · Accepted Answer

Cost drivers are factors that significantly affect the cost of an activity or process. Machine setups are an example of a cost driver because the frequency and complexity of setups can greatly impact the overall cost of production. Engineering, maintenance, and procurement may all be necessary for production, but they may not necessarily be the primary factors driving costs.

Which of the Following Is an Example of a Cost