while the cost of sales does not include any indirect costs. You can either sell goods or services in this context. Counting the costs of your sales is called calculating the cost of goods sold (COGS) ...

This year, we would like to calculate the Cost of Goods Sold for the business. As of the end of 2018, we had 250,000 dollars in inventory. Cost of Goods Sold, (COGS), is also known as cost of sales ...