In CVP analysis gross margin is a less-useful concept than contribution margin . Do you agree? Explain

Question:

In CVP analysis gross margin is a less-useful concept than contribution margin. Do you agree? Explain briefly.

Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...