_____ In regression analysis, the variable that is being predicted is known as the: A. independent variable. B. dependent variable. C. explanatory variable. D. interdependent variable. E. functional variable.

_____ Straight-line depreciation is a typical example of a: A. variable cost. B. step-variable cost. C. fixed cost. D. mixed cost. E. curvilinear cost.

_____ Which of the following tools is not associated with cost estimation? A. Least-squares regression. B. Multiple regression. C. Inversion equations. D. Time and motion (engineering) studies. E. Learning curves.

_____ Which of the following does not typically appear on an income statement prepared by using a traditional format? A. Cost of goods sold. B. Contribution margin. C. Gross margin. D. Selling expenses. E. Administrative expenses.

_____ The unit contribution margin is calculated as the difference between: A. selling price and fixed cost per unit. B. selling price and variable cost per unit. C. selling price and product cost per unit. D. fixed cost per unit and variable cost per unit. E. fixed cost per unit and product cost per unit.

_____ Which of the following would take place if a company experienced an increase in fixed costs? A. Net income would increase. B. The break-even point would increase. C. The contribution margin would increase. D. The contribution margin would decrease. E. More than one of the above events would occur.