Cost of sales,
Definition of Cost of sales:
Retail: The purchase price of merchandise.
Manufacturing: The sum of direct material, direct labor, and factory overheads incurred in making a product.
How to use Cost of sales in a sentence?
- Because the cost of sales can end up extremely high, Mindy was very careful to select the cheapest options of companies to market and manufacture her products.
- The cost of sales was increasing but fortunately so was every other metric so we were able to stay in the black..
- We were coming to an end of the process and were about to determine our cost of sales to see where we stood financially.
Meaning of Cost of sales & Cost of sales Definition