The Calculation of Cost of Goods Sold

Cost of Goods Sold: Introduction, Components, Formula cost of goods sold Cost of goods sold is calculated using the formula: starting inventory + purchases power of thor What is cost of goods sold? Cost of goods sold is the total amount your business paid as a cost directly related to the sale of products Depending on your

pg soft official 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