A Bar Graph That Measures Planned and Completed Work Along

question 91

True/False

A bar graph that measures planned and completed work along each stage of production by time elapsed is called a Gantt chart.

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Definitions:

Contribution Margin

The difference between the sales revenue of a product and its variable costs, indicating how much contributes to covering fixed costs and generating profit.

Unprofitable Segment

An unprofitable segment is a division or part of a business that consistently generates losses instead of profits.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Fixed Costs

Expenses that do not change in proportion to the level of goods or services produced within a certain period.