COST OF GOODS SOLD Definition

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COST OF GOODS SOLD (COGS) is a figure representing the cost of buying raw material and producing finished goods. Included are precise factors, i.e. material and factory labor; as well as others that are variable, such as factory overhead.

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SERVICE CHARGE is an additional charge for a service for which there is already a basic fee; also called service fee.

EQUITY OFFERING see EQUITY CAPITAL.

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