cost of sales


cost of sales
/ˌkɒst əv 'seɪlz/ noun
all the costs of a product sold, including manufacturing costs and the staff costs of the production department, before general overheads are calculated.
Also called cost of goods sold

Dictionary of banking and finance. 2015.

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  • cost of sales — ˌcost of ˈsales noun [uncountable] ACCOUNTING another name for cost of goods sold: • Fuel represented less than 3% of Carnival s cost of sales. * * *    ► See Operating Costs. * * * cost of sales UK US noun [U] ACCOUNTING …   Financial and business terms

  • cost of sales — cost of goods sold; = COGS A figure representing the cost to an organization of supplying goods or services for sale, excluding administration and other general overheads. In a sales organization, it is the opening stock at the beginning of an… …   Accounting dictionary

  • cost of sales — cost of goods sold; COGS A figure representing the cost to an organization of supplying goods or services for sale, excluding administration and other general overheads. In a sales organization, it is the opening stock at the beginning of an… …   Big dictionary of business and management

  • cost of sales — COS The *direct costs of a product sold. Cost of sales includes *raw material costs, and costs directly attributable to production, but it excludes nonproduction *overheads. The *gross income of an item is calculated as its revenue less cost of… …   Auditor's dictionary

  • cost of sales — 1. in retailing : the purchase cost or inventory value of merchandise sold during a stated period plus the cost of direct work thereon (as alterations or workroom charges) 2. in manufacturing : the production cost or inventory value of goods sold …   Useful english dictionary

  • cost of sales — /ˌkɒst əv seɪlz/ noun all the costs of a product sold, including manufacturing costs and the staff costs of the production department, before general overheads are calculated …   Marketing dictionary in english

  • cost of sales adjustment — COSA An adjustment to the trading profit of an organization as a result of a holding gain on the cost of sales. This occurs in current cost accounting …   Accounting dictionary

  • direct cost of sales — The cost of sales, expressed as direct materials, direct labour, and direct expenses only. The direct cost of sales excludes any overhead …   Accounting dictionary

  • direct production cost of sales — See: direct cost of sales …   Accounting dictionary

  • Себестоимость реализации, Себестоимость реализованных товаров (COST OF SALES, COST OF GOODS SOLD)  — Себестоимость товаров или услуг, реализация которых отражена в доходах; другими словами, себестоимость произведенной (закупленной) продукции плюс или минус изменение в запасах готовой продукции (или товаров) …   Словарь терминов по управленческому учету