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

A$.$ No$,$ gross margin calculations emphasize the distinction between fixed and variable costs. Contribution margin calculations emphasize the distinction between

manufacturing and nonmanufacturing costs. Hence, gross margin is a more useful concept than contribution margin in CVP analysis.

B$.$ Yes, gross margin calculations emphasize the distinction between fixed and variable costs. Contribution margin calculations emphasize the distinction between

manufacturing and nonmanufacturing costs. Hence, contribution margin is a more useful concept than gross margin in CVP analysis.

C$.$ Yes, gross margin calculations emphasize the distinction between manufacturing and nonmanufacturing costs. Contribution margin calculations emphasize the distinction

between fixed and variable costs. Hence, contribution margin is a more useful concept than gross margin in CVP analysis.

D$.$ No$,$ gross margin calculations emphasize the distinction between manufacturing and nonmanufacturing costs. Contribution margin calculations emphasize the distinction

between fixed and variable costs. Hence, gross margin is a more useful concept than contribution margin in CVP analysis.