1
IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM
2025 NEWEST COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+|| BRAND NEW!!
x^5 = 32
solve for x - (answers)x = 2
2^x = 16
solve for x - (answers)x = 4
Solve for x and y for these simultaneous equations:
3x = 14-5y
7x+2y = 23 - (answers)x = 3
y=1
Equation for Total Cost - (answers)Total costs = (variable cost per unit * number
of units produced) + Fixed Costs
Material $75/television
Direct Labor $40/television
New Manufacturing Equipment $1,500,000
Modifications to Factory $3,000,000
If this company is considering building 10,000 units this year (and needs money
for the entire year allotted to it now for this purpose), for how much should the
president ask? - (answers)$ 5,650,000
, 2
Contribution Margin - (answers)(price per unit X * # of units sold) - (variable
cost per unit X * units sold)
Breakeven - (answers)Breakeven = Fixed Costs/Contribution Margin per unit
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? -
(answers)[($75,000*5) + $100,000] / $50/unit = 9,500 (breakeven level in units)
abscissa - (answers)The x-coordinate of a point (independent variable)
ordinate - (answers)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 - (answers)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 - (answers)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
, 3
Direct Labor/Driveway = $12,000
Office Expenses & Other Labor = $5,000 - (answers)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 - (answers)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
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - (answers)A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6 -
its the only term where the x's can be added together to get three terms
True/False: the Contribution Margin is the amount that can be contributed to
fixed costs. - (answers)True: the contribution margin is the amount the
company receives from the sales of its product minus the product's variable
costs. Therefore, the amount remaining (after variable costs) can be used to
pay the company's fixed costs.
True/False: When the following equation hold true, we are at the breakeven
level in dollars:
Sales - Variable Costs = Fixed Costs - (answers)True
True/False: for the equation 2x - 3y = 6, the x and y intercepts are x=3, y=-2 -
(answers)True
, 4
When solving for an unknown variable that has a number preceding it, you will
divide both sides of the equation by this number, which is known as the:
A) base
B) power
C) exponent
D) coefficient
E) none of the above - (answers)D) coefficient
To separate an unknown variable from its exponent one should: -
(answers)multiply the exponent by its inverse
Which of the following are fixed costs: Sales, office payroll (receptionist &
bookeeper), advertising, home remodeling, office remodeling, sales
commission, interest expense - (answers)office payroll, advertising, office
remodeling, interest expense
Given these two equations, solve for x and y:
8x = 2y + 36 and 9y = 3x + 3 - (answers)(5,2)
What is the correct order for separating, ordering and organizing of
expressions?
A) parentheses, brackets, braces, parentheses, and so on....
B) brackets, braces, parentheses, brackets, and so on....
C) braces, parentheses, brackets, braces, and so on.... - (answers)A)
parentheses, brackets, braces, parentheses, and so on....
IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM
2025 NEWEST COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+|| BRAND NEW!!
x^5 = 32
solve for x - (answers)x = 2
2^x = 16
solve for x - (answers)x = 4
Solve for x and y for these simultaneous equations:
3x = 14-5y
7x+2y = 23 - (answers)x = 3
y=1
Equation for Total Cost - (answers)Total costs = (variable cost per unit * number
of units produced) + Fixed Costs
Material $75/television
Direct Labor $40/television
New Manufacturing Equipment $1,500,000
Modifications to Factory $3,000,000
If this company is considering building 10,000 units this year (and needs money
for the entire year allotted to it now for this purpose), for how much should the
president ask? - (answers)$ 5,650,000
, 2
Contribution Margin - (answers)(price per unit X * # of units sold) - (variable
cost per unit X * units sold)
Breakeven - (answers)Breakeven = Fixed Costs/Contribution Margin per unit
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? -
(answers)[($75,000*5) + $100,000] / $50/unit = 9,500 (breakeven level in units)
abscissa - (answers)The x-coordinate of a point (independent variable)
ordinate - (answers)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 - (answers)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 - (answers)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
, 3
Direct Labor/Driveway = $12,000
Office Expenses & Other Labor = $5,000 - (answers)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 - (answers)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
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - (answers)A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6 -
its the only term where the x's can be added together to get three terms
True/False: the Contribution Margin is the amount that can be contributed to
fixed costs. - (answers)True: the contribution margin is the amount the
company receives from the sales of its product minus the product's variable
costs. Therefore, the amount remaining (after variable costs) can be used to
pay the company's fixed costs.
True/False: When the following equation hold true, we are at the breakeven
level in dollars:
Sales - Variable Costs = Fixed Costs - (answers)True
True/False: for the equation 2x - 3y = 6, the x and y intercepts are x=3, y=-2 -
(answers)True
, 4
When solving for an unknown variable that has a number preceding it, you will
divide both sides of the equation by this number, which is known as the:
A) base
B) power
C) exponent
D) coefficient
E) none of the above - (answers)D) coefficient
To separate an unknown variable from its exponent one should: -
(answers)multiply the exponent by its inverse
Which of the following are fixed costs: Sales, office payroll (receptionist &
bookeeper), advertising, home remodeling, office remodeling, sales
commission, interest expense - (answers)office payroll, advertising, office
remodeling, interest expense
Given these two equations, solve for x and y:
8x = 2y + 36 and 9y = 3x + 3 - (answers)(5,2)
What is the correct order for separating, ordering and organizing of
expressions?
A) parentheses, brackets, braces, parentheses, and so on....
B) brackets, braces, parentheses, brackets, and so on....
C) braces, parentheses, brackets, braces, and so on.... - (answers)A)
parentheses, brackets, braces, parentheses, and so on....
