Depending on whether the product or service is a product or a service, cost of goods sold (COGS) can also be referred to as cost of sales (COS), cost of revenue, or product cost. It includes all costs ...

All costs and expenses directly related to the production of goods are included in the cost of goods sold (COGS). Indirect costs like overhead and sales are not included in COGS. Gross profit and ...

Cost of Goods Sold, or COGS, is the total cost of producing ... However, it doesn’t include indirect costs like marketing or sales expenses. A lower COGS can lead to higher profit margins ...

Variable costs are commonly designated as the cost of goods sold (COGS), whereas fixed costs are not usually (but can be) included in COGS. Fluctuations in sales and production levels can affect ...