Business Math & Statistics - Ivy Software with correct answers 100%

Business Math & Statistics - Ivy Software with correct answers 100% x^5 = 32 solve for x - Correct Answer x = 2 2^x = 16 solve for x - Correct Answer x = 4 Solve for x and y for these simultaneous equations: 3x = 14-5y 7x+2y = 23 - Correct Answer x = 3 y = 1 Equation for Total Cost - Correct Answer 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? - Correct Answer $ 5,650,000 Contribution Margin - Correct Answer (price per unit X * # of units sold) - (variable cost per unit X * units sold) Breakeven - Correct Answer 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? - Correct Answer [($75,000*5) + $100,000] / $50/unit = 9,500 (breakeven level in units) abscissa - Correct Answer The x-coordinate of a point (independent variable) ordinate - Correct 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 - Correct 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 - Correct 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 - Correct 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 - Correct 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 B) 143x^4 + 3x^4 C) 143x^4 + 78x^4 + 6x^4 + 76 - Correct Answer 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