What expenses are included in the costs of goods sold?

What percentage of revenue should your COGS be?

I'm trying to figure out if my COGS should be lower because it seems high. At the moment, it's sitting at 20% of my revenue. This seems a bit much, but I really don't know if this is normal or no

How does Shopify calculate the cost of goods sold?

Does Shopify automatically calculate the COGS for you, or do you have to input the numbers manually for it to do the calculation?

Is customs duty added to the cost of goods sold?

Does customs duty form part of COGS in Shopify? Or is that a separate expense?

3 Insights on How to Reduce Your COGS

Knowing and understanding the cost of goods sold (COGS) is vital to a business's success. Find out ways to reduce your COGS to help improve your bottom line.

How to Calculate COGS for Your Amazon Business

How do you calculate COGS for your Amazon business? In this post, you will discover the formula for calculating COGS and the different ways you can use it.

How to Calculate WooCommerce COGS to Analyze Sales, Inventory & Gross Margins

Learn how to calculate WooCommerce COGS to gain insight into your costs of doing business and where you have potential avenues to increase profit.

How to Calculate Cost of Goods Sold (COGS) for your Shopify Store

Learn how to calculate the cost of goods sold (COGS) for your Shopify store and why this metric is so important to the operation of your business.

How are COGS and inventory-related?

Hi, I'm new here. I learned in a video that the inventory valuation includes your COGS, but I don't understand how this is related?

How do you calculate the cost of goods sold on a profit and loss account?

I've tracked my operation expenses separately to my P&L sheet, but I want to integrate them for easier management. Who here knows how to calculate it so that it works together?

Why must directed costs be included when calculating e-commerce COGS?

The first month of my e-commerce business is almost up, so I need to calculate the COGS. I will need to total up my beginning inventory, purchase costs, labor costs, materials costs, supplies cos

Most important KPIs for COGS?

What are the most important KPIs to keep track of relating to cost of goods sold?

How do I calculate COGS in Excel?

I heard that I could calculate the cost of goods in excel. What is the formula?

Does reducing my e-commerce business inventory affect my COGS?

This morning I received my income statement, and when I checked for the COGS, I noticed that the figure was higher than last month. My stock wasn't moving the month before, and my COGS wasn't as

Does COGS form part of operating expenses?