Figure 3-9

question 83

Multiple Choice

Figure 3-9. The following cost formula was developed using monthly data for a retail clothing store.
Total cost = $75,620 + ($242 ´ number of customers)
Refer to Figure 3-9.The term $75,620

• A)is the independent variable.
• B)is the dependant variable.
• C)is the intercept.
• D)is the variable rate.

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Definitions:

Division Using

Refers to the allocation or utilization of resources or responsibilities among different departments or sectors within an organization.

Intermediate Product

A product that is used as an input in the production of another good rather than being sold directly to consumers.

Transfer Price

Transfer price is the price at which goods and services are sold between departments or subsidiaries within the same company.

Intermediate Product

Goods that are used in the production process to make other goods, not final products themselves but inputs into the production of final products.