Cost of goods sold, often abbreviated COGS, is a managerial calculation that measures the direct costs incurred in producing products that were sold during a period. In other words, this is the amount of money the company spent on labor, materials, and overhead to manufacture or purchase produ...
Cost of Goods Sold Definition The cost of goods sold (COGS) is the direct cost of producing or purchasing the goods that are sold by a business. It is an essential component of the income statement and reflects the total cost of producing a product or providing a service, including material...
COGS，全称为Cost of Goods Sold，实质上就是商业企业销售商品过程中所涉及的所有成本支出。这个术语涵盖了从进货成本到间接费用的总和，它在商品销售时发挥着关键作用。具体来说，COGS可以根据商品流通的不同环节进行划分，如产地批发销货成本、销地批发销货成本以及零售销货成本，每种环节的成本都包含了...
What is a Cost of Goods Sold Example? COGS is an important metric to help business owners assess the profitability of their operations. To understand this concept better, let’s look at a simple COGS example. A small business starts the fiscal year with 500 units of inventory at a cost of...
Cost of goods sold example Here’s a COGS example to demonstrate the calculation: Your company has the following information for recording the inventory for the calendar year ending on December 31, 2023. Your inventory at the beginning of the year is $20,000. At the end of the year, your...
根据其字面意思,一般可将cost of sales、cost of goods sold和cost of revenue分别译为销售成本、销货成本和营业成本。 cost of sales销售成本 销售成本是指已销售产品的生产成本或已提供劳务的劳务成本以及其他销售的业务成本。包括主营业务成本和其他业务成本两部分,其中,主营业务成本是企业销售商品产品、半成品以及...
Cost of goods sold:()。A.will always be lower when using LIFO rather than FIFO, during a period of rising pricesB.is the number of units of inventory sold multiplied by cost per unit of inventory.C.is the number of units of inventory purchased multiplied by cost per unit of inventory....
Under the LIFO method, the cost of goods sold is calculated using the cost of the most recently acquired inventory first. This means that the inventory that was last purchased or produced is assumed to be sold first, while older inventory remains in stock. In times ...
“Cost of Goods Sold ”意思是主营业务成本。主营业务成本是指公司生产和销售与主营业务有关的产品或服务所必须投入的直接成本，主要包括原材料、人工成本(工资)和固定资产折旧等。主营业务成本用于核算企业因销售商品、提供劳务或让渡资产使用权等日常活动而发生的实际成本。主营业务成本账户下应按照主...
can't directly trace. However, these costs are still necessary for the manufacturing of a product.Manufacturing overheadincludes all non-directly associated costs of the production process such as utilities or equipment maintenance. These are also usually reported as part of the cost of goods sold...