← Back to Glossary

Cost of Good Sold (COGS)

Cost of Goods Sold (COGS) is the sum of all expenses incurred in the production of a product or service that has been sold. The cost of the materials and labor used directly to make the product are included in this amount. However, the costs of the sales force and distribution are excluded from this category.

Related Content

No items found.

You’ve never seen an FP&A solution do this

Take a product tour