Write the Word or Phrase That Best Completes Each Statement

question 76

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-The area of a rectangular piece of cardboard shown is 714 square inches. The cardboard is used to make anopen box by cutting a 5-inch square from each corner and turning up the sides. If the box is to have avolume of 1,320 cubic inches, find the dimensions of the cardboard that must be used.

• A)21 in. by 34 in.
• B)26 in. by 39 in.
• C)16 in. by 29 in.
• D)11 in. by 19 in.

---

Definitions:

Variable Costs

Expenses that change in proportion to the production volume or output level.

Graphical Approach

A method of solving problems or understanding data by using graphical representations, such as charts or graphs.

CVP Analysis

Cost-Volume-Profit analysis is a method used in managerial accounting to understand how changes in costs, sales volume, and price affect a company's profit.

Material Cost

The expense incurred by a company to purchase or produce the raw materials used in manufacturing a product.