The income a business has left, after paying all direct expenses related to the manufacturing of a product. The calculation of gross profit only takes into account the variable expenses involved with generating revenue. [1]
[1] Retrieved May 21, 2021, from https://www.sage.com/en-us/blog/5-kpis-to-measure-small-business-growth/
[2] FreshBooks. Retrieved May 21, 2021, from https://www.freshbooks.com/hub/accounting/find-gross-profit