Cost of Goods Sold (COGS) Calculator
Cost of Goods Sold Calculator | ||
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Parameter | Description | Example Value |
Beginning Inventory | The value of the inventory at the beginning of the period. | $100,000 |
Purchases | The total cost of purchases made during the period. | $300,000 |
Ending Inventory | The value of the inventory at the end of the period. | $50,000 |
Cost of Goods Sold (COGS) | The total cost of goods sold during the period. Formula: Beginning Inventory + Purchases – Ending Inventory |
$350,000 |