COGS
Cost of Goods Sold
Cost of goods sold (COGS) is also referred to as costs of sales or costs of services. Simply put, COGS is the cost of producing a product or service. In other words, it’s the amount of money a company spends on labor, materials, and certain overhead costs. These costs are used to manufacture or purchase products that are sold to customers. [1]
Primary
[1] Retrieved May 21, 2021, from https://scalefactor.com/ask-the-experts/how-to-calculate-costs-of-goods-sold/