QUESTION 1 7 points Save Answer Which is not an example of a product cost? O Cost of goods purchased for resale B. Freight on goods purchased for resale C. Transit insurance on the goods purchased for res ale D.Insurance on the trucks used to deliver goods to customers QUESTION 2 7 points Save Answer The difference between sales revenue and the cost of goods sold is called A. Operating income B. Net income O C. Gross margin D All of the above