Identify the Graph of the Equation Below as a Parabola

question 70

Multiple Choice

Identify the graph of the equation below as a parabola, an ellipse, or a hyperbola.

• A)a parabola
• B)an ellipse
• C)a hyperbola

---

Definitions:

Markup

A pricing strategy where a fixed amount or percentage is added to the cost of a product to determine its selling price.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to produced goods, based on estimated costs and activity levels.

Direct Labor-Hours

A measure of the actual labor time spent on producing goods, often used to allocate manufacturing overhead to products.

Plantwide Predetermined Rate

A single overhead absorption rate calculated for an entire manufacturing plant, used to allocate manufacturing overhead to individual products.