T-Town Hockey is back in action at the Huntington Center on Saturday, November 7, when the Toledo Walleye take on Adirondack. The puck drops at 7:15 p.m., but youâll want to arrive early for the Opening Night Craft Beer Bash, taking place from 5-7 p.m. in the Aquarium.
Activity Cost Driver is measure of frequency and intensity of demand placed on activities by cost object. It is used to assign activity costs to cost objects. To carry out a value chain analysis, ABC is a necessary tool. To carry out ABC, it is necessary that cost drivers are established for different cost pools.
The first of these methods is activity-based costing, which is sometimes referred to as âABC.â Activity-based costing determines all activities associated with production, assigns a cost to those activities and then determines the cost of the product. The other method is traditional costing, which assigns costs to products based on an average overhead rate.