Think about an IT(Software) company and the costing system utilized. What are some examples of cost...

Think about an IT(Software) company and the costing system utilized. What are some examples of cost drivers? How do these cost drivers assist in allocating costs?

Expert Solution

Cost drivers of an IT company are:-

Number of setups

Number of incidents

Programming hours

Number of calls

Cost driver	Use
Number of setups	To allocate the cost of setting up and configuring equipment and programs.
Number of incidents	To allocate the cost of Service of equipment (maintenance and repairing) and Service of programs (maintenance and repairing)
Programming hours	To allocate the cost of developing new programs.
Number of calls	To allocate the cost of support for users.

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ekkarill92 answered 1 year ago

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