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COGS (Cost of Goods Sold)

Cost of Goods Sold (COGS) correspond to the inventory costs of the goods a business has sold during a definite period. Costs are associated with definite goods and include all costs of purchase and other costs incurred in bringing the inventories to their present location and state. Costs of goods incurred by the business include raw material and allocated overhead.

Further Reading

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glossary/c/cogs.txt · Last modified: 2012/04/20 18:43 (external edit)