A(n)_____ Chart Best Illustrates the Contribution of Three Products to Total

question 3

Multiple Choice

A(n) _____ chart best illustrates the contribution of three products to total company sales in a year.

• A) pie
• B) area
• C) line
• D) column

---

Definitions:

Equivalent Units

Equivalent units are a concept in cost accounting used to assign costs to partially completed goods, converting them into the amount of finished goods units they represent.

Direct Materials Cost

The expenditure on raw materials that are directly involved in the production of a good or service.

Process Cost Summary

A report detailing the costs associated with each phase of the manufacturing process, showing material, labor, and overhead expenses.

Management

The process of directing, controlling, and overseeing the operations and activities of an organization or group to achieve its objectives.