Calculation of COGS For calculating the cost of goods sold, ascertain the cost of the oldest inventory and multiply it with the amount of goods sold. For calculating the cost of goods sold, ascertain the cost of the latest inventory, and multiply it with the number of goods sold. Market Pr...
NORMAL -plot-window-manual Do not open plot window automatically when starting calculation -project=C:\path\to\project.ffmproj Read project options from specified file -run Run calculation when program started -scaling-method=NEIGHBOR|GAUSS|BILINEAR|BICUBIC|LANCZOS|SINC|SPLINE Default: BICUBIC -skip=...
If we assume all other factors stay the same, your cost of goods sold would increase because the most recent, and therefore most expensive, items are included in the calculation. This change would result in a lower inventory turnover ratio. In this example, if your cost of goods sold incre...