What Does the Term "Sales Mix" Refer To

question 49

Multiple Choice

What does the term "sales mix" refer to?

• A)the different volume of sales achieved during the year
• B)the contribution margins achieved on the different products during the year
• C)the relative proportions of different products that constitute total sales
• D)the mix of variable and fixed costs

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Definitions:

Excise Tax

A tax charged on specific goods and services, such as tobacco and alcohol, often implemented to discourage their use or raise government revenue.

Upsloping

Typically refers to a graph line that shows an increase in a variable as another variable increases; commonly used in economics to describe supply curves.

Suppliers

Entities that provide goods or services to other individuals or organizations, typically for resale or business use.

Federal Income Tax

A tax levied by the United States government on the annual earnings of individuals, corporations, trusts, and other legal entities.