Coefficient of variation and Cost of goods sold: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Standardise appearance of page.) |
imported>Doug Williamson (Create the page.) |
||
Line 1: | Line 1: | ||
''Accounting''. | |||
The charge in an income statement relating to raw materials and goods purchased for resale. | |||
It is calculated as: | |||
Purchases | |||
+ Opening stock | |||
Less: Closing stock | |||
= Cost of goods sold | |||
==See also== | |||
*[[Income statement]] | |||
*[[Turnover]] | |||
== See also == | |||
* [[ | |||
* [[ |
Revision as of 12:32, 12 October 2016
Accounting.
The charge in an income statement relating to raw materials and goods purchased for resale.
It is calculated as:
Purchases
+ Opening stock
Less: Closing stock
= Cost of goods sold