Cost of Goods Sold,”Beginning + Inputs – Ending = Outputs Beginning: cost of beginning inventoryInputs: cost of purchasesEnding: cost of ending inventoryOutputs: Goods that were sold * Formula can be adapted for units, cost of manufacturing
etc”
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Cost of Goods Sold,”Beginning + Inputs – Ending = Outputs Beginning: cost of beginning inventoryInputs: cost of purchasesEnding: cost of ending inventoryOutputs: Goods that were sold * Formula can be adapted for units, cost of manufacturing
etc”