Cost of goods sold and cost of sales both represent direct costs involved in producing goods or services. However, some companies use one term rather than the other.

Examples of Mixed Costs in Accounting. You can categorize your business costs as fixed, variable and mixed based on how they change in response to your sales or production output.

From yesterday’s research, analysts parsed 128 10-K filings and collected 18,737 data points. In total, they made 2,860 forensic accounting adjustments with a dollar value of $369 billion.

Wild swings in margin estimates under RIM calculations led Walmart executives to pull their profit guidance in May.

How to Account for Drop Shipping Costs for eCommerce Sales. Accounting for shipping costs on an e-commerce website can be a precarious balance for online retailers. Charge too much and you lose ...

Cost of Goods Sold (COGS), often referred to as cost of sales or cost of revenue, is an accounting term that represents the direct costs incurred by a business to produce or acquire the goods it ...