The slope of a mixed cost line is represented by the ________ on the regression analysis output.
A) Intercept coefficient
B) X variable 1 coefficient
C) R-square
D) Residual

Question

Quizplus · Accepted Answer

The X variable 1 coefficient represents the slope of the line in the regression analysis output, which is the rate of change in the dependent variable (cost) per unit change in the independent variable (activity level). The intercept coefficient represents the fixed cost component of the cost equation. R-square represents the goodness of fit of the regression model, and residual represents the difference between the actual and predicted values of the dependent variable.

The Slope of a Mixed Cost Line Is Represented by the ________