Which of the Following Represents the Excess of the Selling

question 131

Multiple Choice

Which of the following represents the excess of the selling price per unit of a product over the variable cost of obtaining and selling each unit?

• A)Gross margin
• B)Operating income
• C)Net income
• D)Unit contribution margin

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Definitions:

Unprofitable

Lacking in profit or not resulting in financial gain.

Preserved

Something that has been maintained in its original or existing state, often referring to food treated to prevent decay or to historical sites maintained for posterity.

Agriculture Organization

An entity that focuses on agricultural development, research, and support to farmers and the agricultural sector.

Forested Land

Land covered significantly by trees and undergrowth, often assessed for its value in ecology, economy, and recreation.