What is COGS?
What each sale costs you to deliver. Without it a price is a guess and a margin is a story.
Money
The definition
Cost of goods sold. The direct cost of producing what you sell, excluding overheads.
An example
A product with $12 of materials and $8 of labour has $20 of COGS. At $50 the gross margin is 60%.
Where it comes up
This shows up in the product pricing calculator on this site.
Related
Questions people ask
What is COGS?
Cost of goods sold. The direct cost of producing what you sell, excluding overheads. What each sale costs you to deliver. Without it a price is a guess and a margin is a story.