Which of the Following Is True About the Cost Formula

question 111

Multiple Choice

Which of the following is true about the cost formula given below? Total cost = $90,000 + ($300 × number of tax returns)
The term "total cost" is the:

• A) independent variable.
• B) dependent variable.
• C) overhead rate.
• D) mixed rate.

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Definitions:

Enteropathogenic E. Coli

A type of Escherichia coli bacteria that causes diarrhea by colonizing the intestinal mucosa, mainly affecting infants and young children.

Diarrhea

The condition of having frequent and liquid bowel movements, which can lead to dehydration and electrolyte imbalance.

ADH Secretion

The method through which the pituitary gland secretes the hormone known as antidiuretic hormone (ADH) or vasopressin to maintain the body's water equilibrium.

Buffer Mechanisms

Biological systems that maintain the pH of body fluids within a narrow range, crucial for homeostasis.