what is cost of goods sold ?

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Question Posted / arjun_sathi

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what is cost of goods sold ?..

Answer / ssr

raw material cost +manufacturing cost =cogs

Is This Answer Correct ?

2 Yes

2 No

what is cost of goods sold ?..

Answer / atul

SALES - GROSS PROFIT = cost of goods sold

Is This Answer Correct ?

0 Yes

0 No

what is cost of goods sold ?..

Answer / kola madhuri

Cost of goods sold is nothing but it includes all the
manufacturing and labour cost.

It excludes selling and distribution costs

Is This Answer Correct ?

0 Yes

0 No

what is cost of goods sold ?..

Answer / saikat

Cogs means the production cost of a material(from purchasing
the raw material to produce the FG)

FG cost=raw material cost +other expenses)

Is This Answer Correct ?

0 Yes

0 No

what is cost of goods sold ?..

Answer / kalyan

GROSS PROFIT - SALES = cost of goods sold

Is This Answer Correct ?

16 Yes

17 No

what is cost of goods sold ?..

Answer / jyoti a. jogale

Gross profit(GP) - Sales =Cost of goods sold(COGS).

Is This Answer Correct ?

0 Yes

1 No

what is cost of goods sold ?..

Answer / dinesha r

Cost of goods sold (COGS for short) is the expense a
company incurred in order to manufacture, create, or sell a
product. It includes the purchase price of the raw
material as well as the expenses of turning it into a
product. Cost of goods sold (COGS) is also known as cost
of revenue or cost of sales.

Is This Answer Correct ?

4 Yes

7 No

what is cost of goods sold ?..

Answer / raja mohamed

Purchase+ manufacturing Expenses = Sales

Is This Answer Correct ?

0 Yes

3 No

what is cost of goods sold ?..

Answer / me

COGS= Purchasing price of raw materila + all direct exp +
diff b/w opeing & closing stock

OR

Raw material+
labour+
direct exp
+ diff b/w opein & closing stock

Is This Answer Correct ?

1 Yes

5 No

what is cost of goods sold ?..

Answer / prakash

cost of good sold is opening stock+purchase of stock -
direct expenses-sales

Is This Answer Correct ?

2 Yes

9 No