Understanding the Cost of Goods Sold

cost of goods sold Cost of Goods Sold refers to the direct expenses incurred by a business in producing or acquiring the goods it sells It includes the cost of raw

Cost of Goods Sold represents costs that are directly related to the manufacturing and distribution of products  doofootball Cost of Goods Sold or as it is more popularly known, COGS is the cost of the material and labor that goes into the production of the goods This does not