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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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