When using regression analysis to predict mixed cost behaviour,which of the following would be the dependent variable?
A) The highest level of activity
B) The lowest level of activity
C) The mixed cost at a given level of production
D) The variable cost per unit

Question

Quizplus · Accepted Answer

The dependent variable in regression analysis for predicting mixed cost behavior would be the mixed cost at a given level of production. This is because the purpose of the analysis is to understand the relationship between the level of production and the total mixed cost, which includes both a fixed and variable component. The level of production would be the independent variable in this case. The other options listed are not relevant to predicting mixed cost behavior through regression analysis.

When Using Regression Analysis to Predict Mixed Cost Behaviour,which of the Following