Cost Of Goods Sold in a sentence

(1) We should project down the expected cost of goods sold.

(2) The net of tax cost of goods sold increased by 20% this year.

(3) The accounting number is used to determine cost of goods sold.

(4) Last quarter's cost of goods sold was higher than anticipated.

(5) The FIFO approach is used to determine the cost of goods sold.

(6) The accounting report analyzed the company's cost of goods sold.

(7) Cost accounting helps businesses calculate the cost of goods sold.

(8) The company uses full costing to determine the cost of goods sold.

(9) Indirect materials are included in the overall cost of goods sold.

(10) Direct labor is a key factor in determining the cost of goods sold.

Cost Of Goods Sold sentence

(11) The fixed overhead expenses are included in the cost of goods sold.

(12) The inventory valuation is used to calculate the cost of goods sold.

(13) Labour cost is a key component in calculating the cost of goods sold.

(14) The cost of goods sold is an important consideration for tax purposes.

(15) The final account revealed a rise in the company's cost of goods sold.

(16) The cost of goods sold is a variable expense that can change over time.

(17) The cost of goods sold is influenced by both direct and indirect costs.

(18) A decrease in the cost of goods sold can lead to higher profit margins.

(19) Companies may negotiate with suppliers to lower the cost of goods sold.

(20) The average inventory value is used to calculate the cost of goods sold.

Cost Of Goods Sold make sentence

(21) Net purchases play a crucial role in calculating the cost of goods sold.

(22) The accounting function tracks inventory and manages cost of goods sold.

(23) The inventory valuation model takes into account the cost of goods sold.

(24) Direct labor expenses are included in the cost of goods sold calculation.

(25) LIFO can result in higher cost of goods sold during inflationary periods.

(26) LIFO can result in higher cost of goods sold during periods of inflation.

(27) The cost of material is a significant component of our cost of goods sold.

(28) The pretax cost of goods sold increased due to rising raw material prices.

(29) Direct labor is a key factor in determining the overall cost of goods sold.

(30) The cost of goods sold is an important consideration for pricing decisions.

Sentence of cost of goods sold

(31) The matching principle is essential for determining the cost of goods sold.

(32) The profit-and-loss statement highlighted a decrease in cost of goods sold.

(33) Understanding the cost of goods sold is crucial for setting product prices.

(34) Factory overhead expenses are typically included in the cost of goods sold.

(35) The cash equivalent of the inventory was included in the cost of goods sold.

(36) The auditee's cost of goods sold was analyzed for any abnormal fluctuations.

(37) The cost of goods sold was decimalized to determine accurate profit margins.

(38) The ordering cost for this item is included in the total cost of goods sold.

(39) The cost of goods sold is subtracted from revenue to determine gross profit.

(40) The cost of goods sold is typically reported on a company's income statement.

Cost Of Goods Sold meaningful sentence

(41) The ending inventory is crucial for accurate cost of goods sold calculations.

(42) The cost principle is used to determine the cost of goods sold for a company.

(43) The cost of goods sold can vary depending on the industry and type of product.

(44) The profit margin is calculated upon the selling price and cost of goods sold.

(45) The manufacturing overhead is an essential component of the cost of goods sold.

(46) Variable costing provides a more accurate reflection of the cost of goods sold.

(47) The cost of goods sold can vary significantly between industries and companies.

(48) The cost of goods sold is a variable expense that fluctuates with sales volume.

(49) Factory overhead is an essential element in calculating the cost of goods sold.

(50) The cost of goods sold is typically expressed as a percentage of total revenue.

Cost Of Goods Sold sentence examples

(51) The historical cost of the raw materials was included in the cost of goods sold.

(52) The company's operating activities include sales revenue and cost of goods sold.

(53) A high cost of goods sold may indicate inefficiencies in the production process.

(54) The debit side of the income statement displays the company's cost of goods sold.

(55) The cost of goods sold is an important consideration when setting product prices.

(56) The debit side of the income statement reflects the company's cost of goods sold.

(57) Cost accounting allows businesses to calculate the cost of goods sold accurately.

(58) Variable costing allows for a more accurate assessment of the cost of goods sold.

(59) The cost accounting system enables businesses to calculate the cost of goods sold.

(60) The ending inventory is a crucial component in calculating the cost of goods sold.

Sentence with cost of goods sold

(61) The LIFO method can lead to higher cost of goods sold during inflationary periods.

(62) The cost of goods sold is an important metric for evaluating inventory management.

(63) Companies may analyze the cost of goods sold to identify areas for cost reduction.

(64) The cost of goods sold is a key metric used in financial analysis and forecasting.

(65) Full costing provides a more accurate reflection of a company's cost of goods sold.

(66) The cost of goods sold is an expense that is directly linked to revenue generation.

(67) Calculating the cost of goods sold accurately is essential for financial reporting.

(68) The Department of Accounting maintains records of inventory and cost of goods sold.

(69) The cost of goods sold is an important factor in determining a company's net income.

(70) The FIFO method is used to calculate the cost of goods sold on financial statements.

Use cost of goods sold in a sentence

(71) The cost of goods sold is a crucial factor in determining a company's profitability.

(72) The inventory valuation is based on the cost of goods sold during a specific period.

(73) Bookkeepers may assist with inventory management and tracking the cost of goods sold.

(74) The periodic inventory update is crucial for maintaining accurate cost of goods sold.

(75) A decrease in the cost of goods sold can lead to higher profit margins for a company.

(76) The cost of goods sold includes all expenses directly related to producing a product.

(77) The financial evaluation revealed that the company's cost of goods sold was too high.

(78) Increasing efficiency in production processes can help reduce the cost of goods sold.

(79) The cost of goods sold is an expense that is recorded on a company's income statement.

(80) The gross profit margin can be influenced by changes in pricing or cost of goods sold.

Sentence using cost of goods sold

(81) The historical cost of the raw materials was used to determine the cost of goods sold.

(82) The gross margin is calculated by subtracting the cost of goods sold from the revenue.

(83) The cost of goods sold is deducted from revenue to determine a company's gross profit.

(84) Equivalent units are used to determine the cost of goods sold during a specific period.

(85) The tax basis of the business inventory was determined based on the cost of goods sold.

(86) The cost of goods sold is an important metric for evaluating a company's profitability.

(87) The cost of goods sold is an expense that is incurred when goods are sold to customers.

(88) The cost account shows that our cost of goods sold has decreased compared to last year.

(89) The cost of goods sold is an essential figure for tax purposes and financial reporting.

(90) The cost of goods sold is a figure that is closely monitored by investors and analysts.

Cost Of Goods Sold example sentence

(91) Companies often strive to minimize the cost of goods sold to improve their bottom line.

(92) Fluctuations in the cost of goods sold can impact a company's overall financial health.

(93) The vertical analysis revealed that the cost of goods sold had increased significantly.

(94) The gross margin is calculated by subtracting the cost of goods sold from total revenue.

(95) Annualizing the cost of goods sold helps in determining the profitability of a business.

(96) The cost of goods sold is a key factor in determining a company's overall profitability.

(97) The cost of goods sold is an expense that is directly linked to the production of goods.

(98) Companies may analyze the cost of goods sold to identify opportunities for cost savings.

(99) Perpetual inventory enables businesses to accurately calculate their cost of goods sold.

(100) The cost of goods sold is an essential component in determining a company's gross margin.

Sentence with word cost of goods sold

(101) The cost of debt is an essential component in calculating a company's cost of goods sold.

(102) The cost of goods sold is an important figure for financial analysis and decision-making.

(103) The cost of goods sold is a key component in determining a company's gross profit margin.

(104) The cost of goods sold is an essential component in calculating a company's gross profit.

(105) The prior period's cost of goods sold was lower due to efficient supply chain management.

(106) The cost of goods sold is deducted from a company's revenue to calculate its gross profit.

(107) The cost of goods sold is an important factor in determining a company's break-even point.

(108) The cost of goods sold is an essential component in determining a company's cost of sales.

(109) The cost of goods sold is an important factor in determining a company's operating profit.

(110) We can use the subtotals array to calculate the total cost of goods sold for each product.

Sentence of cost of goods sold

(111) The cost of goods sold is a variable cost that can be influenced by production efficiency.

(112) With a perpetual inventory system, businesses can easily calculate the cost of goods sold.

(113) The accounting function helps businesses determine the cost of goods sold and gross profit.

(114) The cost of goods sold is typically expressed as a percentage of a company's total revenue.

(115) The cost of goods sold is an expense that is deducted from revenue to calculate net income.

(116) The inventory valuation is crucial for determining the cost of goods sold and gross profit.

(117) Companies using the perpetual inventory method can easily calculate the cost of goods sold.

(118) The cost of goods sold is a variable expense that directly impacts a company's gross profit.

(119) A company with a low cost of goods sold may have a competitive advantage in the marketplace.

(120) The cost of goods sold is subtracted from a company's revenue to calculate its gross margin.

Cost Of Goods Sold used in a sentence

(121) The inventory system allows us to track the cost of goods sold and calculate profit margins.

(122) With the perpetual inventory method, businesses can easily calculate the cost of goods sold.

(123) With a perpetual inventory system, businesses can easily calculate their cost of goods sold.

(124) The cost of goods sold can be influenced by changes in customer demand and market conditions.

(125) The cost of goods sold is an expense that is deducted from revenue to calculate gross margin.

(126) The cost of goods sold is an accounting concept that helps assess a company's cost structure.

(127) The merchandise inventory is a key component in determining the company's cost of goods sold.

(128) Analyzing trends in the cost of goods sold can provide insights into a company's performance.

(129) It is important to accurately record the ending inventory to determine the cost of goods sold.

(130) Companies rely on an accounting information system to manage inventory and cost of goods sold.

Cost Of Goods Sold sentence in English

(131) The cost of goods sold is an essential metric for evaluating a company's inventory management.

(132) The cost of goods sold is a key component in calculating a company's inventory turnover ratio.

(133) Companies may use different methods to calculate the cost of goods sold, such as FIFO or LIFO.

(134) A company with a high cost of goods sold may struggle to compete on price with its competitors.

(135) The cost of goods sold is an essential metric for evaluating a company's financial performance.

(136) The cost of goods sold is an indicator of how efficiently a company is utilizing its resources.

(137) The cost of goods sold is an important metric for evaluating a company's cost control measures.

(138) The gross profit margin is calculated by subtracting the cost of goods sold from total revenue.

(139) Companies may use software or accounting systems to track and calculate the cost of goods sold.

(140) The margin of profit is calculated by subtracting the cost of goods sold from the total revenue.

(141) A high cost of goods sold may indicate inefficiencies in a company's production or supply chain.

(142) The financial report highlighted a debit between the company's inventory and cost of goods sold.

(143) The cost audit revealed that the company's cost of goods sold was higher than industry averages.

(144) The cost of goods sold can be influenced by factors such as raw material prices and labor costs.

(145) The inventory turnover is calculated by dividing the cost of goods sold by the average inventory.

(146) The cost of goods sold is a measure of the direct costs associated with producing goods for sale.

(147) The perpetual inventory method allows businesses to accurately calculate their cost of goods sold.

(148) The perpetual inventory system allows businesses to calculate accurate cost of goods sold figures.

(149) The cost of goods sold is an accounting measure that reflects the direct costs of producing goods.

(150) The cost audit findings indicated that the company's cost of goods sold was higher than anticipated.

(151) The stock turnover formula is calculated by dividing the cost of goods sold by the average inventory.

(152) The cost of goods sold is typically higher for companies that produce complex or customized products.

(153) Companies may conduct regular audits to ensure the accuracy of their cost of goods sold calculations.

(154) The cost of goods sold is an expense that is directly related to a company's core business operations.

(155) The inventory turnover rate is calculated by dividing the cost of goods sold by the average inventory.

(156) The company had to gross up the cost of goods sold to accurately reflect any potential price increases.

(157) The cost of goods sold is a figure that reflects the direct costs incurred in producing goods for sale.

(158) The stock turnover ratio can be calculated by dividing the cost of goods sold by the average inventory.

(159) Calculating the inventory turnover ratio requires dividing the cost of goods sold by average inventory.

(160) The cost of goods sold is an important metric for evaluating a company's inventory management practices.

(161) The LIFO method assumes that the cost of the most recently acquired inventory is the cost of goods sold.

(162) In a periodic inventory system, the cost of goods sold is calculated at the end of the accounting period.

(163) The cost of goods sold can be calculated by subtracting the beginning inventory from the ending inventory.

(164) The cost of goods sold can vary depending on factors such as raw material prices and production efficiency.

(165) The cost of goods sold is influenced by factors such as labor costs, transportation expenses, and overheads.

(166) Under the periodic inventory system, the cost of goods sold is calculated at the end of the accounting period.

(167) Direct expenses are typically incurred by the production department and directly impact the cost of goods sold.

(168) Calculating the inventory turnover ratio involves dividing the cost of goods sold by the average inventory value.

(169) The cost of goods sold is an expense that is directly related to the production or acquisition of goods for sale.

(170) The cost of goods sold is an expense that is recognized in the same period as the revenue from the sale of goods.

(171) The cost of goods sold method of accounting calculates the direct costs associated with producing goods for sale.

(172) With a periodic inventory system, the company may need to estimate the cost of goods sold based on average costs.

(173) The cost of goods sold is an important consideration for investors when analyzing a company's financial performance.

(174) The cost of goods sold is an important consideration for investors when evaluating a company's financial performance.

(175) The cost of goods sold is typically higher for companies that operate in industries with high material or labor costs.

(176) The management team used vertical analysis to determine the impact of cost of goods sold on the company's profitability.

(177) The company's financial statements prepared using variable costing showed a more realistic view of their cost of goods sold.

(178) With a periodic inventory system, the cost of goods sold is determined by subtracting the ending inventory from the beginning inventory.

(179) The cost of goods sold can be calculated by subtracting the beginning inventory from the ending inventory and adding the cost of purchases.

(180) Under the periodic inventory system, the cost of goods sold is calculated using the formula: Beginning Inventory + Purchases - Ending Inventory.

(181) With a periodic inventory system, the company may need to maintain detailed records of purchases and sales for accurate cost of goods sold calculation.

(182) In a periodic inventory system, the cost of goods sold is determined by subtracting the ending inventory from the sum of beginning inventory and purchases.

The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Cost Of Goods Sold. They do not represent the opinions of TranslateEN.com.