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:

Inverted Organizations

Organizations where decision-making authority and power are decentralized to the lower levels of the organizational hierarchy, closer to the customer.

Leaderless Three-Person Teams

Small groups operating without a formal leader, emphasizing collective decision-making and responsibility.

Circular Organizations

Circular Organizations are companies that adopt a circular economy model, aiming to eliminate waste and continually use resources through recycling, reusing, and refurbishing.

Numerical Quotas

Predetermined numbers or percentages used to manage and control the composition or output of something, often used in employment or education settings for diversity purposes.