Which of the following income statement items is analyzed using the sales mix and the sales quantity variances?
A) Operating expenses.
B) Cost of goods sold.
C) Gross margin.
D) Contribution margin.

Question

Quizplus · Accepted Answer

The contribution margin is analyzed using the sales mix and sales quantity variances because it reflects the profitability of individual products, which is directly affected by changes in sales mix and quantity.

Which of the Following Income Statement Items Is Analyzed Using