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COGS Calculator
Calculate Cost of Goods Sold for your products
Cost of Goods Sold (COGS)
COGS = Beginning Inventory + Purchases - Ending Inventory
Include direct labor and manufacturing overhead if applicable
About COGS Calculator
What is COGS Calculator?
Calculate the direct costs of producing goods sold by your business. Enter beginning inventory, purchases, and ending inventory to determine COGS for accounting and pricing decisions.
Features & Benefits
- Standard COGS formula
- Gross profit calculation
- Multiple costing methods
- Per-unit cost breakdown
- Inventory tracking support
- Accounting-ready figures
Frequently Asked Questions
- What is included in COGS?
- Direct costs: raw materials, direct labor, manufacturing overhead, freight-in. NOT included: selling expenses, admin costs, distribution.
- How is COGS calculated?
- COGS = Beginning Inventory + Purchases - Ending Inventory. This gives the cost of goods actually sold during the period.
- Why is COGS important?
- COGS directly affects gross profit and taxes. Lower COGS means higher margins. It's essential for pricing and profitability analysis.
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