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Drivers of Manufacturing Overhead Costs

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is an overhead cost?

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1. Which is an example of an overhead cost?

2. What is a cost driver?

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About This Quiz & Worksheet

The questions on this quiz will show how well you know what drives overhead costs. They cover such things as definitions and concepts related to costs, as well as related examples.

Quiz & Worksheet Goals

The quiz will test your knowledge of:

  • The meaning of overhead costs
  • Overhead cost examples
  • Items that would be examples of cost drivers

Skills Practiced

You will be able to test such skills as:

  • Interpreting information - verify that you can review information regarding what may or may not be a cost driver and interpret it correctly
  • Information recall - access the knowledge you've gained regarding the definitions of overhead costs and overhead cost drivers
  • Knowledge application - use your knowledge to be able to recognize overhead cost drivers for a financial firm

Additional Learning

The accompanying lesson, titled Drivers of Manufacturing Overhead Costs, will provide you with additional information. This lesson discusses:

  • What you need to know before you can determine what an overhead manufacturing cost driver is
  • How to be able to plan for price fluctuations
  • How different businesses have different drivers
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