On an income statement, the cost of purchasing raw materials and manufacturing finished products. Equal to the beginning inventory plus the cost of goods purchased during some period minus the ending inventory. also called Cost Of Goods Sold (COGS).
Related information about cost of sales:
- Cost of goods sold - Wikipedia, the free encyclopedia
Cost of goods sold (COGS) refer to the inventory costs of those goods a business has sold during a particular period. Costs are associated with particular goods ...
- Cost Of Goods Sold (COGS) Definition | Investopedia
COGS appears on the income statement and can be deducted from revenue to calculate a company's gross margin. Also referred to as "cost of sales".
- What is cost of sales? definition and meaning - InvestorWords.com
Definition of cost of sales: On an income statement, the cost of purchasing raw materials and manufacturing finished products. Equal to the beginning inventory ...
- What is the cost of sales? | AccountingCoach.com Q&A
Cost of sales is the caption commonly used on a manufacturer's or retailer's income statement instead of the caption cost of goods sold or cost of products.
- How to Reduce Your Cost of Sales | Inc.com
There are some smart ways to trim your cost of sales short of taking the dangerous step of slashing your sales force compensation.
- Cost of sales - Financial Dictionary - The Free Dictionary
The total cost of buying raw materials, and paying for all the factors that go into producing finished goods. Cost of Goods Sold. The cost to a business of making ...
- What is the Cost of Sales?
Sep 27, 2012 ... The cost of sales is the identification of expenses related to the manufacturing process. The cost of sales typically includes...
- What is cost of sales? - BusinessDictionary.com
Definition of cost of sales: Manufacturing: The sum of direct material, direct labor, and factory overheads incurred in making a product.