COGS

Definition : Cost Of Goods Sold
Category : Business » Accounting
Country/Region : Worldwide Worldwide
Popularity :
Type :
Acronym

What does COGS mean?

Cost Of Goods Sold (COGS) refers to the costs that go into creating the products, in order to manufacture, create, or sell a product. COGS includes the direct costs of producing a product for sale.

Cost of Goods Sold (COGS) = Beginning Inventory + Inventory Purchases – End Inventory

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Frequently Asked Questions (FAQ)

What is the full form of COGS?

The full form of COGS is Cost Of Goods Sold

What is the full form of COGS in Business?

Cost Of Goods Sold

What is the full form of COGS in Worldwide?

Cost Of Goods Sold