How is the Cost of Goods Calculated????

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How is the Cost of Goods Calculated????..

Answer / manju

Just to find out the cost of goods sold the formula =
opening stock + purchase - closing stock.
In economic point of view the cost is determined by using
the concepts like fixed cost , variable cost and marginal
cost.

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How is the Cost of Goods Calculated????..

Answer / guest

OPENING STOCK+PURCHASES-CLOSING STOCK

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How is the Cost of Goods Calculated????..

Answer / krksarma

cost or market price which ever is lower.

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2 Yes

20 No

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