A Cost Accountant Is Developing a Regression Model to Predict

question 29

Multiple Choice

A cost accountant is developing a regression model to predict the total cost of producing a batch of car seats as a function of batch size (the number of seats produced in one lot or batch) .The explanatory variable is ___.

• A)batch size
• B)unit variable cost
• C)fixed cost
• D)total cost
• E)total variable cost

---

Definitions:

Age 65

Traditionally considered the age of retirement in many countries, marking the transition from middle age to the senior years.

Information Register

The capacity for storing information temporarily in the mind, playing a critical role in decision-making and other cognitive processes.

Memory

The ability of the mind to store and recall information, experiences, images, or sensations.