COGS

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Definitions
Cost of Goods Sold (COGS)
Cost of Goods Sold COGS Accounting Financial Statements Gross Profit Inventory Management Cost Management Income Statement
An essential metric in accounting, Cost of Goods Sold (COGS) represents the direct costs associated with the production of goods sold by a company. This value is critical in determining the business's gross profit and provides insights into the efficiency and cost management of production processes.
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Definitions
Cost of Goods Sold (COGS)
Cost of Goods Sold COGS Direct Costs Manufacturing Accounting Financial Statements Income Statement Cost of Sales
Cost of Goods Sold (COGS) represents the direct costs attributed to the production of goods sold by a company. COGS include the cost of materials, direct labor, and manufacturing overhead.
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Definitions
Cost of Sales (Cost of Goods Sold, COGS)
Cost of Sales Cost of Goods Sold COGS Gross Profit Financial Metrics Direct Costs Sales Revenue
A key financial metric representing the direct costs to an organization of supplying goods or services, used to calculate gross profit by deducting this figure from sales revenue.
Read more about Cost of Sales (Cost of Goods Sold, COGS).

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