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-   -   Cost of Goods Sold (https://www.askmehelpdesk.com/showthread.php?t=67508)

  • Feb 28, 2007, 08:27 PM
    hkyplya022
    Cost of Goods Sold
    How do I calculate the cost of goods sold?
  • Feb 28, 2007, 09:32 PM
    bhet
    beginning inventory mat.
    add: net purchases
    less: ending inventory mat.
    =raw materials used
    work in process, beg.
    =work put in process
    less: wrork in process end
    =cost of goods manufacrured
    finished goods, beg
    =goods available for sale
    less: finished goods, end
    =cost of goods sold
  • Feb 28, 2007, 09:44 PM
    CaptainForest
    Beginning Inventory + Net Purchases – Ending Inventory = COGS

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