sureshindia1

 Profile Answers by sureshindia1 

• Oct 22nd, 2007

 

Dear friends,

Pool Rate is the overhead costs for a Homogeneous Cost Pool divided by the appropriate Cost Driver associated with the pool.

Homogeneous Cost Pool is a group of overhead costs associated with activities that can use the same Cost Driver.

Cost Driver is a factor that has a direct cause-effect relationship to a cost, such as direct labor hours, machine hours, beds occupied, computer time used, flight hours, miles driven, or contracts.

Best Regards,
Suresh India
sureshindia1@hotmail.com