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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STOCK TURNOVER PERIOD is calculated: Long Term Disabilities X 100% / Cost of Sales.

IVA TAX see IMPOSTA VALORE AGGIUNTO TAX.

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