What are Cost Drivers? (Cost Accounting Tutorial #2)

[@MsQueenivette]

Using the snickers bar was a great example! Super relatable. Awesome!

[@tallinjohnson5286]

Good videos. I'm taking managerial accounting right now and plan on watching all your videos. Thanks!

[@nickfleming3719]

This is fascinating. I'm an entrepreneur learning this to help manage my own business but I am also a Japanese interpreter and I recently completed a 4 month contract with Toyota, interpreting for toyota execs coming over from Japan, and I had to pretty much become an expert at the Toyota Production System in order to understand the context. The number one objective of TPS is cost minimization, and they have the best systems in the world for costing their processes, not only on the factory floor, but for every element from the suppliers, to shipping, to production factories, to assembly factories, all the way to the customer, for each individual vehicle; and even for the things they do in the back office.

[@KIKI-sy8fl]

Thank you so much for the videos. these are basic but really essential knowledge for managerial accounting and it really helps me alot for my school courses ;D

[@ssg8335]

My lecture was complete shit at explaining this giving us the definition rather than break it down to help us understand. Good Video Thanks!

[@baderal-ruqaishi6262]

good explanation . thank you

[@mehjabeennishu1539]

Thanks for the video. Could you also explain the quadratic cost function and cubic cost function with a real time example? I have doubts with the power.

[@talliyajavedbutt9223]

Please make a video on cost behavior??

[@blo0m1985]

Brilliant!

[@tenshimiko4166]

Got it. Thank you so much !!

[@Calmcare712]

Very good explanation, thank you and keep on the good work. ;-)

[@windaadju5762]

nice one sir.. thank you for using chocolate bars for the example!

[@murungibridget721]

Thanks. So much

[@brandontanyt]

Hello mate is cost driver the same meaning as budget driver?

[@gracechilo345]

That coffee is strong!!!!

[@Indiresh199]

Wonderful thank u so much : )

[@kashishgarg3938]

Best👌👌👌

[@rbl3851]

is this(lecture) applicable in the philippines?

[@rbl3851]

i mean all ur videos

[@mmprathyusha6301]

Nice vedio ....but i didnt understand the relation between cost driver and coeff of determination

[@blo0m1985]

+NotePirate Now I see why we are so loaded with stats (quantitative research methods) and how it could be used in work life ). Thanks, Dave!