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 dependent variable is ___.
A)batch size
B)unit variable cost
C)fixed cost
D)total cost
E)total variable cost

Question

Quizplus · Accepted Answer

The dependent variable in the regression model is the total cost of producing a batch of car seats, which is the variable of interest and the one being predicted by the model. Therefore, the correct answer is D) total cost.

A Cost Accountant Is Developing a Regression Model to Predict