A Cost Accountant Is Developing a Regression Model to Predict

Multiple Choice

A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a linear function of batch size (the number of boards produced in one lot or batch) .The intercept of this model is the ______.

A) batch size
B) unit variable cost
C) fixed cost
D) total cost
E) total variable cost