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.

Question

Quizplus · Accepted Answer

The dependent variable is a variable whose value depends on the value of another variable.Therefore, the term "total cost" is the dependent variable.

Which of the Following Is True About the Cost Formula