Cost of Goods Sold - What 5 items are included in cost of goods sold?

Q: What 5 items are included in cost of goods sold?

The items that make up costs of goods sold include:. Cost of items intended for resale.Cost of raw materials.Cost of parts used to make a product.Direct labor costs.Supplies used in either making or selling the product.Overhead costs, like utilities for the manufacturing site.Shipping or freight in costs.

Answer

The things that make up costs of products sold include:. Price of products meant for resale.The price of basic supplies.Product manufacturing expenses.Money spent on direct labor.Products and materials utilized in their production or sale.Utility bills for the factory are one example of overhead expenses.The expense of shipping or freight.

Cost of Goods Sold - What 5 items are included in cost of goods sold?

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