A Cost Accountant Is Developing a Regression Model to Predict

question 72

Multiple Choice

A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a linear function of batch size (the number of boards produced in one lot or batch) , production plant (Kingsland, and Yorktown) , and production shift (day, and evening) .The response variable in this model is ______.

• A)batch size
• B)production shift
• C)production plant
• D)total cost
• E)variable cost

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Definitions:

Speech

The verbal expression of or the ability to express thoughts and feelings by articulate sounds.

Produce

To create or generate something, often referring to the production of goods, agricultural products, or creative outputs.

Everyday Activities

Routine tasks and behaviors that individuals engage in on a daily basis, such as eating, working, and socializing.

Dementia

A chronic or persistent disorder of the mental processes caused by brain disease or injury, marked by memory disorders, personality changes, and impaired reasoning.