Calculating Cost of Goods Sold for Ecommerce -

The cost of goods sold is listed as an expense line on your income statement because it's a cost of doing business Calculating your cost of goods sold informs

COGS is the money a business spends to create, handle and deliver products to its customers It may also be called cost of sales

house of benedict COGS = Beginning Finished Goods Inventory + Cost of Goods Manufactured

doofooball 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