In 2012, Smith's Corner Store Had an Increase in Gross

Multiple Choice

In 2012, Smith's Corner Store had an increase in gross margin of $28,000; however, the gross margin percentage decreased.This is most likely caused by:

A) a decrease in volume and a decrease in selling price
B) an increase in volume and an increase in selling price.
C) an increase in volume and a decrease in selling price.
D) a decrease in volume and an increase in selling price.