Mastery card
I can explain COGS (Cost of Goods Sold)
The direct cost to make or buy what you sold.
COGS (Cost of Goods Sold) includes direct materials, labor, and production costs tied to products sold in a period.
Sticky trick
COGS = costs that go UP when you sell MORE (ingredients, not rent).
Take into the room
In plain English, what is COGS (Cost of Goods Sold)?
Or open the share card 🧃
Or start your own 5-word trail from home.