cost of sales |
Definition 1
Manufacturing: Sum of direct material, direct labor, and factory overheads incurred in making a product.
Definition 2
Retailing: Purchase price of a merchandise. Also called cost of goods sold.
email to a friend
print this definition
cite this definition
link to this page
cost of sales is in the Accounting & Auditing and Advertising, Marketing, & Sales subjects.
cost of sales appears in the definitions of the following terms:
common-size financial statement,
profit margin,
earnings before interest, taxes, depreciation, and amortization (EBITDA),
inventory turnover,
profit factor,
cost of goods sold (COGS),
cost of sales to payables ratio,
days accounts payable (Days A/P),
average age of inventory,
operating income
and
cost of sales appears in these other term: inventory to cost of sales ratio
This content can be found on the following page:
http://www.businessdictionary.com/definition/cost-of-sales.html