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What is a cost pool can u think of any examples2 what is a cist

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what is a cost pool? can u think of any examples?
2. what is a cist driver? give examples
3. what is a cost objective? e give example
4. how is a cost pool related to a cost objective
Solution
1)
Definition: A cost pool is a grouping of individual costs,
typically by department or service center. Cost allocations
are then made from a cost pool.
Examples: the cost of the maintenance department is
accumulated in a cost pool and then allocated to those
departments using its services
2)
cost driver:Acost driveris the unit of an activity that
causes the change in activity\'scost.
Examples: In marketing,cost driversare Number of
advertisements, Number of sales personnel etc.
?
3)

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what is a cost pool? can u think of any examples? 2. what is a cist driver? give examples 3. what is a cost objective? e give example 4. how is a cost pool related to a cost objective Solution 1) Definition: A cost pool is a grouping of individual costs, typically by department or service center. Cost allocations are then made from a cost pool. Examples: the cost of the maintenance department is accumulated in a cost pool and then allocated to th ose departments using its services 2) cost driver:Acost driveris the unit of an activity that causes the change in activity\'scost. Examples: In m ...
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