Examlex
According to Roman Catholicism,
Volume Based Cost Drivers
Factors that cause the costs of an activity to increase or decrease with changes in the volume of production or services provided.
Labour Intensive
A process or industry that requires a large amount of manual labor relative to capital or machine usage.
Cost Driver
A factor that causes a change in the cost of an activity, directly affecting the cost of production or operations.
Cost Pool
A grouping of individual costs typically by department or service, from which cost allocations are made to products or services.
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