A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a function of batch size (the number of boards 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 printed circuit boards, so the answer is D. Batch size would be an independent variable in the model, while unit variable cost, fixed cost, and total variable cost would likely be included as explanatory variables or coefficients in the model.

A Cost Accountant Is Developing a Regression Model to Predict