Do You Know Your Business's Cost of Goods Sold?

cost of goods sold What Is Included and Excluded in the Cost of Goods Sold? · Raw materials · Freight costs to receive raw materials · Items purchased for resale

What Is Included and Excluded in the Cost of Goods Sold? · Raw materials · Freight costs to receive raw materials · Items purchased for resale doofootball66 The Cost of Goods Sold amount on the income statement is determined by considering the changes in the three inventory account balances during the period The