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What is the formula for cost of sales?

Jackson Carter | 2023-05-07 15:01:18 | page views：1459
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Mia Kim

Studied at University of California, Berkeley, Lives in Berkeley, CA
The various costs of sales fall into the general sub-categories of direct labor, direct materials, and overhead and may also be considered to include the cost of the commissions associated with a sale. The cost of sales is calculated as beginning inventory + purchases - ending inventory.
2023-05-12 15:01:18
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Harper Taylor

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The various costs of sales fall into the general sub-categories of direct labor, direct materials, and overhead and may also be considered to include the cost of the commissions associated with a sale. The cost of sales is calculated as beginning inventory + purchases - ending inventory.
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