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The following cost formula was developed using monthly data for a retail clothing store. Total cost = $75,620 + ($242 number of customers) Refer to

The following cost formula was developed using monthly data for a retail clothing store. Total cost = $75,620 + ($242 number of customers) Refer to Figure 14-9. The term $242

a. is the dependant variable.

b. is the independent variable.

c. is the intercept.

d. is the variable rate.

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