Which of the Following Statements Is True About the Chart

question 35

Multiple Choice

Which of the following statements is true about the chart below?

• A)The x-axis is in reverse chronological order,which violates a principle of proper graph design.
• B)The chart appears to conform to the principles of proper graph design.
• C)The vertical axis doesn't appear to start at the origin (zero).
• D)The chart used 2-D bars instead of 3-D,which violates a principle of proper graph design.

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Definitions:

Labor Efficiency Variance

The variance between the real hours spent producing a good or service and the anticipated standard hours, times the standard wage rate.

Variable Overhead Rate Variance

The difference between the actual variable overhead costs incurred and the standard variable overhead expected for the actual production achieved.

Variable Overhead Efficiency Variance

A measure used in cost accounting to evaluate the efficiency of variable production costs, comparing the actual hours worked to the standard hours expected.

Materials Price Variance

The difference between the actual cost of materials and the expected (standard) cost.