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

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