Ch 1 Ivy Software Business Math &
Stats
A hard and fast cost is one that will be incurred regardless of how the extent of
manufacturing varies - ANS-True
an upward sloping parabola has a max pt. At its vertex - ANS-False, at the minimum
appliance manufacturer's overall expenses are same to its constant fees and
month-to-month lease - ANS-False, includes variable and stuck charges
breakeven - ANS-quantity (gadgets or greenbacks) of sales needed to cover fixed charges
after variable fees were subtracted
fixed expenses/contribution margin in keeping with unit
Coefficient - ANS-range in the front of unknown variable
contribution margin - ANS-quantity the organisation receives from the sale and its product
minus the product's variable charges
contribution margin is the quantity that can be contributed to constant expenses - ANS-True
direct labor - ANS-certain hard work is taken into consideration a variable price whilst the
need for that exertions is depending on whether or not a product is constructed or now not,
ex. Wages of employees
Equation - ANS-Mathematical announcement in which 2 expression are set identical to each
different
fixed cost - ANS-incurred no matter degree of manufacturing
fixed costs $50, $2 to provide one. Y=2+50x, actual or false? - ANS-False y=50+2x
Graph equation y=9w^2+56w+15 is a _____________ - ANS-Parabola
oblique labor - ANS-exertions no longer dependent on product being constructed ex.
Salaries of accounting personnel
linear equation - ANS-determines 2 factors
Monomial - ANS-expression with one time period, 7x^2
Plot A produced average 246.343 bushels over lat 5 yrs. Average # horrific bushels 26.12.
Approx % of horrific bushels - ANS-26.12--->25
Stats
A hard and fast cost is one that will be incurred regardless of how the extent of
manufacturing varies - ANS-True
an upward sloping parabola has a max pt. At its vertex - ANS-False, at the minimum
appliance manufacturer's overall expenses are same to its constant fees and
month-to-month lease - ANS-False, includes variable and stuck charges
breakeven - ANS-quantity (gadgets or greenbacks) of sales needed to cover fixed charges
after variable fees were subtracted
fixed expenses/contribution margin in keeping with unit
Coefficient - ANS-range in the front of unknown variable
contribution margin - ANS-quantity the organisation receives from the sale and its product
minus the product's variable charges
contribution margin is the quantity that can be contributed to constant expenses - ANS-True
direct labor - ANS-certain hard work is taken into consideration a variable price whilst the
need for that exertions is depending on whether or not a product is constructed or now not,
ex. Wages of employees
Equation - ANS-Mathematical announcement in which 2 expression are set identical to each
different
fixed cost - ANS-incurred no matter degree of manufacturing
fixed costs $50, $2 to provide one. Y=2+50x, actual or false? - ANS-False y=50+2x
Graph equation y=9w^2+56w+15 is a _____________ - ANS-Parabola
oblique labor - ANS-exertions no longer dependent on product being constructed ex.
Salaries of accounting personnel
linear equation - ANS-determines 2 factors
Monomial - ANS-expression with one time period, 7x^2
Plot A produced average 246.343 bushels over lat 5 yrs. Average # horrific bushels 26.12.
Approx % of horrific bushels - ANS-26.12--->25
