The ratio of the sales volume for the various products sold by a company is called the:
A) Current product mix.
B) Relevant mix.
C) Sales mix.
D) Inventory cost ratio.
E) Production ratio.

Question

Quizplus · Accepted Answer

The ratio of the sales volume for the various products sold by a company is called the sales mix. This information is important for companies to make decisions about pricing, product development, and resource allocation. Options A, B, D, and E are not commonly used terms to describe sales information.

The Ratio of the Sales Volume for the Various Products