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What (who) is production goods - definition

CARRYING VALUE OF GOODS SOLD DURING A PARTICULAR PERIOD

Cost of sales; Cost of products sold; Cost of Goods Sold; Production cost; Production costs; CoGS; Cost-of-goods sold; Cost-of-merchandize sold; Cost of Sales

goods

TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY

Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods

Frequency: The word is one of the 1500 most common words in English.

1.

Goods are things that are made to be sold.

Money can be exchanged for goods or services.

...a wide range of consumer goods.

N-PLURAL

2.

Your goods are the things that you own and that can be moved.

All his worldly goods were packed into a neat checked carrier bag...

You can give your unwanted goods to charity.

N-PLURAL: usu poss adj N

goods

TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY

Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods

n. pl.

1.

Movables, effects, chattels, furniture.

2.

Commodities, wares, merchandise.

goods

TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY

Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods

n.

1) capital; consumer; dry (esp. AE), soft (esp. BE); durable; manufactured; yard goods

2) (misc.) to have the goods on (colloq.) ('to have evidence against'); one's worldly goods

Wikipedia

Cost of goods sold

Cost of goods sold (COGS) is the carrying value of goods sold during a particular period.

Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost. Costs include all costs of purchase, costs of conversion and other costs that are incurred in bringing the inventories to their present location and condition. Costs of goods made by the businesses include material, labor, and allocated overhead. The costs of those goods which are not yet sold are deferred as costs of inventory until the inventory is sold or written down in value.

https://en.wikipedia.org/wiki/Cost of goods sold