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-   -   Formula for cost of goods sold (https://www.askmehelpdesk.com/showthread.php?t=483098)

  • Jun 27, 2010, 01:24 AM
    kate1129
    Formula for cost of goods sold
    Please provide the formula for cost of goods sold
  • Jul 1, 2010, 01:38 AM
    morgaine300

    If you're talking about the periodic method of solving for it:

    Beginning Inventory
    + Net Cost of Purchases
    = Total Available for Sale
    - Ending Inventory
    = Cost of Goods Sold

    If you're talking about something else with some other type of information given, we'd have to know what that was.

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