Question

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) Sales mix. d) Inventory cost ratio. e) Production ratio.

Answer 1

Answer:

C) Sales mix.

Explanation:

The sales mix can be regarded as calculation that gives the details of proportion of each unit product that a particular business sells out with the relativity to the total sales, Sales mix is important in business because it helps to know which of the product/services is more profitable than others, any change in the sale mix of the company will bring change to their profit

.