What is Cost of Goods Sold (COGS)? How to calculate it using the formula with example? | Orderhive

Описание к видео What is Cost of Goods Sold (COGS)? How to calculate it using the formula with example? | Orderhive

Cost of Goods Sold (COGS) is a direct cost of the production of the goods or products sold by a company. This amount includes the additional material charges as well which are used for the delivery and packaging of the goods.

However, it excludes indirect costs such as sales & marketing.

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