BUSINESS MATH AND STATISTICS IVY SOFTWARE TEST NEWEST 2025 ACTUAL
EXAM WITH COMPLETE 150+
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+ | GUARANTEED PASS
,x^5 = 32
solve for x - Correct Answer > x = 2
x^5=32
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
Total Costs = (Variable costs per unit * Units of Production) + Fixed Costs
EXAM WITH COMPLETE 150+
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+ | GUARANTEED PASS
,x^5 = 32
solve for x - Correct Answer > x = 2
x^5=32
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
Total Costs = (Variable costs per unit * Units of Production) + Fixed Costs
