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

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In this lesson, we cover cost drivers, a managerial accounting concept which represents an activity that drives up costs. There are different cost drivers that can be chosen for different costs, however, there normally is one cost driver that is more effective at projecting total costs than others.
⌚Timestamps
0:00 - Introduction
0:58 - Example Cost Drivers
5:31 - Additional Cost Driver Examples
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