How to Calculate Cost of Goods Sold : Formula and

cost of goods sold Cost of Goods Sold represents costs that are directly related to the manufacturing and distribution of products

Calculating the cost of goods sold involves summing up the direct expenses incurred to produce or acquire the goods that a company sells during a specific ibuprofen 400 As inventory is a valuable asset, till the time the product or the goods remain a part of that inventory, the amount of that product remains in the asset