Regulation play for a regular season game is 60 minutes long. Three 20 minute periods. 5 minutes for 1 overtime period if necessary(tie game). Playoff hockey is the same except that overtime periods are 20 minutes in length and more periods added until game is decided.(sudden death).
DEFINITION of 'Activity Cost Driver'. A factor that influences or contributes to the expense of certain business operations. In activity based costing (ABC), an activity cost driver is something that drives the cost of a particular activity. A factory, for example, may have running machinery as an activity. The activity cost driver associated with running the machinery could be machine operating hours, which would drive the costs of labor, maintenance and power consumption of running the machinery activity.
Chapter 5 Cost Allocation and Activity-Based Costing Systems 203 Exhibit 5-9 is a graphical representation of the data collected for the fouractivity centres identified in Step 1. For each activity centre, data collectedincluded traceable costs and the physical flow of cost-driver units.o cost would be allocated back to the first twodepartments, even if they had used laundry services.As in the direct method, note that the total costs of the revenue-producingdepartments after allocation, $1,430,000 + $545,000 + $3,025,000 = $5,000,000,equal the total of the direct department costs before allocation.