Multiple Choice
Figure 3-10. The following cost formula was developed using the monthly data for an accounting firm.
Total cost = $87,100 + ($210 ´ number of tax returns)
Refer to Figure 3-10.The term $87,100
A) is the independent variable.
B) is the dependant variable.
C) is the intercept.
D) is the variable rate.
Correct Answer:
Verified
Correct Answer:
Verified
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