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.

Learn new Accounting Terms

DILUTED SHARE see DILUTED EARNINGS PER SHARE.

COA, in accounting, means Chart Of Accounts or Cost of Acquisition.

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