Direct Materials Are an Example of a

question 46

Multiple Choice

Direct materials are an example of a

• A)fixed cost.
• B)variable cost.
• C)step cost.
• D)mixed cost.

---

Definitions:

Predicted Income

An estimate of the amount of money an individual, business, or organization is expected to receive over a specific period.

Regression Formula

An equation used in statistical analysis to predict the value of a dependent variable based on one or more independent variables.

College GPA

The average result of all the grades achieved by a student throughout their college or university study period, usually on a scale from 0 to 4.0 or 5.0.

High School GPA

A cumulative measure that reflects the average grade of a student throughout their high school career, typically on a 4-point scale.