100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM NEWEST COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+|| LATEST EXAM!! $20.49   Add to cart

Exam (elaborations)

IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM NEWEST COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+|| LATEST EXAM!!

 12 views  0 purchase
  • Course
  • Math
  • Institution
  • Math

IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM 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 ...

[Show more]

Preview 4 out of 89  pages

  • October 30, 2024
  • 89
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ivy software business
  • ivy softw
  • Math
  • Math
avatar-seller
rowanreece
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller rowanreece. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $20.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$20.49
  • (0)
  Add to cart