A cost accountant is developing a regression model to predict the cost of producing a batch of
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Question:
A cost accountant is developing a regression model to predict the 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
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