________ Are Subtracted from Sales to Calculate Gross Margin

question 295

Multiple Choice

________ are subtracted from sales to calculate gross margin.

• A)Fixed manufacturing costs
• B)Variable marketing costs
• C)Variable manufacturing costs
• D)Both A and C are correct.

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Definitions:

Seasonal Peaks

Periods of high demand or activity in a business or market that correspond with specific seasons or times of the year.

Revenue Management

The strategic use of pricing to increase the profitability of a business by selling the right product to the right customer at the right time for the right price.

Peak Period

The time frame during which demand for a service or product is at its highest.

Spoilage

The process by which products deteriorate in quality or become unfit for consumption or use over a period.