Question: Regression analysis can be used to determine if a cost is fixed, mixed, or variable. If a regression is performed, with sales in units as
Regression analysis can be used to determine if a cost is fixed, mixed, or variable. If a regression is performed, with sales in units as the independent variable and a specific cost as a dependent variable, what is the best explanation of the y-intercept?
Select one:
a. Total fixed costs
b. Variable cost per unit
c. Total variable costs
d. Fixed cost per unit
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