COGS
Finance
COGS (Cost of Goods Sold)
Cost of Goods Sold
Direct and allocated cost associated with products sold during a period.
Examples
- 01The plant's COGS for the year is EUR 42 million, including materials, direct labour and production overhead.
- 02The monthly review compares COGS as a share of sales with budget, which shows rising material prices pushing it from 68 % to 71 %.
- 03A yield improvement on the casting line lowers COGS per unit, but the saving is only reported once scrap data confirms it.