cost of goods sold in English

overall expenditures due to the products that the business marketed (Accounting)

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Below are sample sentences containing the word "cost of goods sold" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "cost of goods sold", or refer to the context using the word "cost of goods sold" in the English Dictionary.

1. (Revenue - Cost of goods sold) / Cost of goods sold

2. Cost of goods sold may also reflect adjustments.

3. Her cost of goods sold depends on her inventory method.

4. To calculate ROI, take the revenue that resulted from your ads, subtract your overall costs, then divide by your overall costs: ROI = (Revenue - Cost of goods sold) / Cost of goods sold.

5. So it'll sometimes be written as cost of sales or cost of goods sold.

6. The cost of goods sold in a business is a direct reduction of gross income.

7. Cost of goods sold (COGS) is the carrying value of goods sold during a particular period.

8. Such variances are then allocated among cost of goods sold and remaining inventory at the end of the period.

9. The oldest cost (i.e., the first in) is then matched against revenue and assigned to cost of goods sold.

10. Hupana Running Company Budgeted Income Statement; Sales: $200,000: Cost of goods sold: $52,000: Gross margin: $148,000: Selling and administrative expenses

11. Moreover, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 75.23% to 70.94%.

12. 13 By assigning cost we are simply dividing the cost of the goods available for sale between cost of goods sold and ending inventory.

13. 15 The cost of goods sold during the period is determined by subtracting the ending inventory from the cost of goods available for sale...

14. 10 Cost of goods sold at the current period is computed by subtracting the cost of ending inventory from the cost of goods available for sale.

15. Use the following simple calculation to find where profit really starts: Breakeven dollar value needed before net profit = Overhead expenses/ (1 – (Cost of Goods Sold / Total Sales))

16. If your business generates leads, the cost of goods sold is just your advertising costs, and your revenue is the amount you make on a typical lead.

17. Operating profit = gross profit – total operating expenses Net income (or net profit) = operating profit – taxes – interest (Note: Cost of goods sold is calculated differently for a merchandising business than for a manufacturer.)

18. Allocations are most commonly used to assign costs to produced goods, which then appear in the financial statements of a business in either the cost of goods sold or the inventory asset

19. The 2003 weighted average gross margin per piece was then estimated and added to the actual weighted average cost of goods sold per piece in each of the subsequent periods covered by the POI.

20. For physical products, the cost of goods sold is equal to the manufacturing cost of all the items you sold plus your advertising costs, and your revenue is how much you made from selling those products.

21. Cost of goods sold (CS) Earnings before interest, taxes, depreciation and amortization (EBITDA) Profit margin (the ratio of net income to net sales) Gross margin (the difference between the sales and the production costs) Selling, general and administrative expenses (SG&A) Net income Income statement Horngren, Charles (2011).

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