Cost of Goods Sold (COGS)
COGS: "Cost of Goods Sold." They are all the expenses a company incurs to get their products out the door. That is, they are the costs to make the good...not market it, store it, deal with lawyers to defend it when they get sued for having crap product...nor is it the cost of interest on their debt or dividends they pay.
COGS is just the cost of making that coffee mug, painting it, putting it into a shipping box, and getting it out the door. That's it.
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Finance allah shmoop What is a cog sze or cost
of goods sold So yeah what are cogsa Yeah and
they're not the shoes your mom bought a penny on
saturday and it's not what the plumber had to remove
from your toilet consisting of hair clumps toenails and discarded
q tips Yeah that's clogs and we're talking cogsa Cost
of goods sold and note that there is no cobb's
which would be a cost of bads sold when you
have a business Selling things is pretty much always a
good well cog czar All the expenses the company needs
to pay to get their products out the door So
the company that makes your shoes might have to pay
for material to make those shoes the process of making
them the price tags and boxes for the shoes and
you know shipping delivery and everything else that it takes
to get the shoes to the store or no to
your doorstep Those costs all together are the cog sze
of your uh adidas or nikes or the cog sze 00:01:01.705 --> [endTime] of your clogs