{"id":10412,"date":"2023-04-18T13:54:06","date_gmt":"2023-04-18T08:24:06","guid":{"rendered":"https:\/\/www.tickertape.in\/glossary\/?p=10412"},"modified":"2023-04-18T13:54:07","modified_gmt":"2023-04-18T08:24:07","slug":"cost-of-goods-sold-cogs","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/","title":{"rendered":"Cost of Goods Sold &#8211; Definition, Calculation, And More"},"content":{"rendered":"\n<p>The direct cost a business incurs on producing goods is called the Cost of Goods Sold (COGS). Ultimately, the cost of goods sold is a key factor that goes into determining whether your business is profitable.&nbsp;<\/p>\n\n\n\n<p>A high COGS can adversely affect a company\u2019s operating profits, thereby hampering its reputation among investors. Let\u2019s read more about COGS.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_22 counter-hierarchy counter-numeric\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">You will Learn About: <\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#What-is-the-cost-of-goods-sold\" title=\"What is the cost of goods sold?\">What is the cost of goods sold?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#Return-on-equity-Highlights\" title=\"Return on equity: Highlights\">Return on equity: Highlights<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#What-is-included-in-the-cost-of-goods-sold\" title=\"What is included in the cost of goods sold?\">What is included in the cost of goods sold?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#How-to-calculate-the-cost-of-goods-sold\" title=\"How to calculate the cost of goods sold?\">How to calculate the cost of goods sold?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#How-to-calculate-the-cost-of-goods-sold-from-the-income-statement\" title=\"How to calculate the cost of goods sold from the income statement?&nbsp;\">How to calculate the cost of goods sold from the income statement?&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#Relationship-between-COGS-and-gross-profits\" title=\"Relationship between COGS and gross profits\">Relationship between COGS and gross profits<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/glossary\/cost-of-goods-sold-cogs\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-is-the-cost-of-goods-sold\"><\/span><strong>What is the cost of goods sold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"260\" src=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/COGS-1-1024x260.jpeg\" alt=\"\" class=\"wp-image-10454\" srcset=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/COGS-1-1024x260.jpeg 1024w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/COGS-1-300x76.jpeg 300w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/COGS-1-1536x390.jpeg 1536w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/COGS-1-1024x260@2x.jpeg 2048w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/COGS-1-300x76@2x.jpeg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>Also known as the &#8216;cost of sales&#8217;, the cost of goods sold represents the total direct expenditure made by a company in producing the goods that it sells. Only the expenses directly related to the production of goods are included in the cost of goods sold, like labour costs, material costs, manufacturing overheads etc.<\/p>\n\n\n\n<p>It is essential to note that the cost of goods sold does not take into account indirect costs like marketing and distribution.&nbsp;<\/p>\n\n\n\n<p>The cost of goods sold is recorded as an expense on the income statement.&nbsp;<\/p>\n\n\n\n<p>The cost of goods sold is also a key component for determining a business&#8217;s gross profit and gross margin. The higher the cost of goods sold, the lower the business&#8217;s net income and net profit.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-37fca231\"><h2 class=\"uagb-heading-text\"><span class=\"ez-toc-section\" id=\"Return-on-equity-Highlights\"><\/span>Return on equity: Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2><\/div>\n\n\n\n<ul>\n<li>All the expenses directly related to the production of final goods are collectively referred to as the cost of goods sold.<\/li>\n\n\n\n<li>The cost of goods sold excludes all indirect expenses, including marketing and overhead expenses.<\/li>\n\n\n\n<li>The valuation method and accounting standards you use for calculating inventory will significantly impact the cost of goods sold and the gross profit.<\/li>\n\n\n\n<li>You arrive at the gross profit or gross margin by deducting the cost of goods sold from <a href=\"https:\/\/www.tickertape.in\/glossary\/total-revenue\/\">total revenue<\/a>\/sales. The higher the cost of goods sold, the lower will be the gross profit.<\/li>\n\n\n\n<li>The cost of goods sold (COGS) is different from operating expenses. The latter includes expenses that are not directly related to the production of goods.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"What-is-included-in-the-cost-of-goods-sold\"><\/span><strong>What is included in the cost of goods sold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"552\" src=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-1024x552.jpeg\" alt=\"\" class=\"wp-image-10455\" srcset=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-1024x552.jpeg 1024w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-300x162.jpeg 300w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-1536x828.jpeg 1536w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-1024x552@2x.jpeg 2048w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-300x162@2x.jpeg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>The following are the main expenses included in the cost of goods sold:<\/p>\n\n\n\n<ul>\n<li>Raw materials<\/li>\n\n\n\n<li>Freights<\/li>\n\n\n\n<li>Products purchased for resale<\/li>\n\n\n\n<li>Cash and trade discounts<\/li>\n\n\n\n<li>Purchase returns and allowances<\/li>\n\n\n\n<li>Factory overhead<\/li>\n\n\n\n<li>Labour<\/li>\n\n\n\n<li>Storage costs<\/li>\n<\/ul>\n\n\n\n<p>Here, materials include all the expenses on raw materials, spare parts, and other supplementary items required to manufacture and assemble products. The labour costs will include the expenses incurred by the workforce to manufacture, assemble, and ship products.\u00a0<\/p>\n\n\n\n<p>In this sense, the wholesale price of a product is essentially the cost of goods sold, as it accounts for all the direct expenses incurred on each product manufactured.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How-to-calculate-the-cost-of-goods-sold\"><\/span><strong>How to calculate <\/strong><strong>the cost of goods sold<\/strong><strong>?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cost of goods sold <a href=\"https:\/\/www.investopedia.com\/terms\/c\/cogs.asp#toc-formula-and-calculation-of-cost-of-goods-sold-cogs\" rel=\"nofollow noopener\" target=\"_blank\">formula<\/a> is given below:<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>COGS =&nbsp; (Opening inventory + Purchases) &#8211; Closing inventory<\/strong><\/p>\n\n\n\n<p>Though the formula for calculating the cost of goods sold is quite straightforward, the calculation can be a little complicated. Here\u2019s how you can calculate the cost of goods sold with the below steps:<\/p>\n\n\n\n<ol>\n<li>Identify the opening inventory of raw materials, work-in-process inventory, and finished goods.<\/li>\n\n\n\n<li>Determine the cost of purchases of raw materials incurred during the manufacturing process, including discounts, freight charges, etc.<\/li>\n\n\n\n<li>Identify the closing inventory balance.<\/li>\n\n\n\n<li>Ensure that you have included all the direct expenses related to the production of goods.<\/li>\n<\/ol>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How-to-calculate-the-cost-of-goods-sold-from-the-income-statement\"><\/span><strong>How to calculate the <\/strong><strong>cost of goods sold <\/strong><strong>from the income statement?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are two ways you can calculate the cost of goods sold from the income statement:<\/p>\n\n\n\n<ul>\n<li><strong>Method 1<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In this method, you begin by identifying the opening and closing amounts of inventory. Second, you differentiate between the direct and indirect expenses in relation to the manufacturing of products. Third, you calculate the total amount of purchases. You can calculate the COGS by adding purchases to the opening inventory and subtracting the closing inventory from the sum.<\/p>\n\n\n\n<ul>\n<li><strong>Method 2<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>&nbsp;<\/strong>The second method requires you to measure the changes in inventory to calculate the cost of goods sold. For example, consider a total of 300 units have been manufactured or purchased, and the inventory has also increased by 100 units. Then the cost of 200 units shall be the cost of goods sold.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Relationship-between-COGS-and-gross-profits\"><\/span><strong>Relationship between COGS and gross profits<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"336\" src=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-and-gross-profit-1024x336.jpeg\" alt=\"\" class=\"wp-image-10456\" srcset=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-and-gross-profit-1024x336.jpeg 1024w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-and-gross-profit-300x98.jpeg 300w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-and-gross-profit-1536x503.jpeg 1536w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-and-gross-profit-1024x336@2x.jpeg 2048w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/cogs-and-gross-profit-300x98@2x.jpeg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>Gross profits are often discussed along with the cost of goods sold. This is because they share a direct relationship. Gross profit is arrived at by deducting COGS from net revenue or sales.&nbsp;<\/p>\n\n\n\n<p>If the COGS increases for a period, the gross profits take a direct hit, and vice versa. For a company to succeed, equal importance must be given to both COGS and gross profit.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cost of goods sold is the company&#8217;s direct expense to manufacture finished products. The cost of goods sold can vary depending on the direct costs, which include labour, raw materials, etc. It can be calculated using several methods but mainly requires the opening and closing inventory and the purchase values. The cost of goods sold directly impacts a company&#8217;s gross profits and hence must be studied carefully.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-8a00f688 uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height\" data-faqtoggle=\"true\" role=\"tablist\">\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-8202582e\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>How to calculate the cost of goods sold?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">At the basic level, you can calculate the cost of goods sold by reducing the amount of closing inventory from the total of opening inventory and purchases. The amount you arrive at is the cost of goods sold you have incurred.<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-20014287\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>How to calculate the cost of goods sold from the income statement?\u00a0<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The costs of goods sold can be similarly calculated from the income statement. You will have to identify the opening and closing inventory and total purchases. Once you have the above figures, add the amount of opening inventory and purchases and then deduct the closing inventory from the final amount.<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-9510e667\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What are the accounting methods for the cost of goods sold?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The cost of goods sold method of calculation includes:<br><br>&#8211; Weighted average cost.<br>&#8211; FIFO (First in, first out).<br>&#8211; LIFO (Last in, first out).<br>&#8211; A special identification method.<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cost of goods sold is the direct expenses incurred on the production of the goods sold by a company. Read on to learn more.<\/p>\n","protected":false},"author":90,"featured_media":10413,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[1929],"jetpack_featured_media_url":"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1.png","uagb_featured_image_src":{"full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1.png",2086,1086,false],"thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-150x150.png",150,150,true],"medium":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-300x156.png",300,156,true],"medium_large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1.png",768,400,false],"large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-1024x533.png",770,401,true],"1536x1536":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-1536x800.png",1536,800,true],"2048x2048":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-2048x1066.png",2048,1066,true],"authorship-box-avatar":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-150x150.png",150,150,true],"authorship-box-related":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-70x70.png",70,70,true],"post-thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-270x180.png",270,180,true],"contentberg-main":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-770x515.png",770,515,true],"contentberg-main-full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-1170x508.png",1170,508,true],"contentberg-slider-stylish":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-900x515.png",900,515,true],"contentberg-slider-carousel":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-370x370.png",370,370,true],"contentberg-slider-grid-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-554x466.png",554,466,true],"contentberg-slider-grid-b-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-306x466.png",306,466,true],"contentberg-slider-bold-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-150x150.png",150,150,true],"contentberg-grid":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-370x245.png",370,245,true],"contentberg-list":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-260x200.png",260,200,true],"contentberg-list-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-370x305.png",370,305,true],"contentberg-thumb":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-87x67.png",87,67,true],"contentberg-thumb-alt":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/4-1-150x150.png",150,150,true]},"uagb_author_info":{"display_name":"Anjali Chourasiya","author_link":""},"uagb_comment_info":0,"uagb_excerpt":"The cost of goods sold is the direct expenses incurred on the production of the goods sold by a company. Read on to learn more.","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10412"}],"collection":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/comments?post=10412"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10412\/revisions"}],"predecessor-version":[{"id":10457,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10412\/revisions\/10457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media\/10413"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media?parent=10412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/categories?post=10412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/tags?post=10412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}