What is the cost driver in conventional cost volume

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Reference no: EM132743856

As a cost and management accountant you always advocate about the use of cost volume profit (CVP) analysis and activity based costing in different cost management scenario. That's why management of the PQR Limited wants you to explain the following issues for their next cost management move for the organization.

Requirements:

Problem i. What is a cost driver? What is the cost driver in conventional cost volume profit (CVP) analysis? How is the cost driver measured in conventional CVP analysis?

Reference no: EM132743856

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