Match the Following Five Chart Elements to Their Descriptions

question 27

Multiple Choice

Match the following five chart elements to their descriptions:
i.data labels
II.data marker
III.data points
IV.data series
v.gridlines

• A)A group of related data points that are plotted in a chart.
• B)Lines in the plot area that aid the eye in determining the plotted values.
• C)Display the value,percentage,and/or category of each particular data point.
• D)Values that originate in a worksheet cell and that is represented in a chart by a data marker.
• E)A column,bar,area,dot,or other symbol that represents a single data point.

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Definitions:

Departmental Overhead Rates

The allocation of indirect costs to specific departments based on relevant cost drivers or bases.

Plantwide Rate

A single overhead absorption rate used throughout an entire factory or plant, applied uniformly to all cost objects irrespective of the department in which they were created.

Budgeted Activity Rate

The estimated overhead rate used for budgeting, calculated based on anticipated levels of activity.

Manufacturing Overhead Rate

The ratio used to allocate manufacturing overhead costs to products based on a cost driver, such as labor hours or machine hours.