Argue, Buy, Create........ Ideas. Realize that some conflict is good. Don't make the mistake of believing that everyone always agreeing and getting along is a healthy thing. People should debate, argue and disagree in the normal course of their lives.
Jul 16, 2011
Cost of goods sold (COGS)
Cost of goods sold (COGS) refers to the inventory costs of those goods a business has sold during a particular period. Costs are associated with particular goods using one of several formulas, including specific identification, first-in first-out (FIFO), or average cost. Costs include all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. Costs of goods made by the business include material, labor, and allocated overhead. The costs of those goods not yet sold are deferred as costs of inventory until the inventory is sold or written down in value.