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The Following Cost Formula Was Developed Using the Monthly Data

Question 51

Multiple Choice

The following cost formula was developed using the monthly data for Nova Scotia Accounting Firm.
Total cost = $87,100 + ($210 × number of tax returns)
-Refer to the Figure.What does "number of tax returns" represent?


A) the independent variable
B) the dependant variable
C) the intercept
D) the variable rate

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