IVY SOFTWARE BUSINESS MATH AND
STATISTICS EXAM 2024-2026 NEWEST
COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
(VERIFIED ANSWERS) |ALREADY GRADED A+||
LATEST EXAM!!
A company is making a product and has invested
$100,000 on an advertising campaign and $75,000
each on five salespeople (annual salary, including
benefits and support). These are the only fixed costs
that the company has assigned to the product, and
the contribution margin per unit is $50. To cover
those fixed costs, how many units will the company
,have to sell to breakeven? - Answer-[($75,000*5) +
$100,000] / $50/unit = 9,500 (breakeven level in
units)
abscissa - Answer-The x-coordinate of a point
(independent variable)
ordinate - Answer-The y-coordinate of a point
(dependent variable)
True/False: the fixed costs for a certain project are
$50 and it costs $2 to produce one unit. The
equation that relates y (total costs) to x (total number
,of units produced) is y = 2 + 50x - Answer-False. It
would be y = 50 + 2x
Which of the following is the monomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - Answer-B) 143x^4
+ 3x^4 - its the only term where the x's can be added
together to get one term
Write an equation to related total cost to number of
driveways paved.
Asphalt, tar & concrete/driveway = $7,000
, Direct Labor/Driveway = $12,000
Office Expenses & Other Labor = $5,000 - Answer-y
= 19x + 5
Which of the following is the binomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - Answer-C) 143x^4
+ 78x^4 + 6x^4 + 76 - tis the only term where the x's
can be added together to get two terms
Which of the following is the trinomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
STATISTICS EXAM 2024-2026 NEWEST
COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
(VERIFIED ANSWERS) |ALREADY GRADED A+||
LATEST EXAM!!
A company is making a product and has invested
$100,000 on an advertising campaign and $75,000
each on five salespeople (annual salary, including
benefits and support). These are the only fixed costs
that the company has assigned to the product, and
the contribution margin per unit is $50. To cover
those fixed costs, how many units will the company
,have to sell to breakeven? - Answer-[($75,000*5) +
$100,000] / $50/unit = 9,500 (breakeven level in
units)
abscissa - Answer-The x-coordinate of a point
(independent variable)
ordinate - Answer-The y-coordinate of a point
(dependent variable)
True/False: the fixed costs for a certain project are
$50 and it costs $2 to produce one unit. The
equation that relates y (total costs) to x (total number
,of units produced) is y = 2 + 50x - Answer-False. It
would be y = 50 + 2x
Which of the following is the monomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - Answer-B) 143x^4
+ 3x^4 - its the only term where the x's can be added
together to get one term
Write an equation to related total cost to number of
driveways paved.
Asphalt, tar & concrete/driveway = $7,000
, Direct Labor/Driveway = $12,000
Office Expenses & Other Labor = $5,000 - Answer-y
= 19x + 5
Which of the following is the binomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - Answer-C) 143x^4
+ 78x^4 + 6x^4 + 76 - tis the only term where the x's
can be added together to get two terms
Which of the following is the trinomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
