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

Question

Quizplus · Accepted Answer

The sales volume ratio of different products sold by a company is referred to as the sales mix. This is a significant factor in determining the overall profitability of the company, as it impacts the contribution margin and the break-even point. Therefore, option E - Sales mix - is the correct choice.

The Ratio (Proportion) of the Sales Volumes for the Various