What is the difference between Net Sales and Cost of Sales?
Let’s learn what is the difference between Net Sales and Cost of Sales. The most accurate or helpful solution is served by Stack Overflow.
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There is the Foodmart database that was shipped with MS SQL Server 2000 for tutorial purposes. It has a table "sales_fact_1997" that has columns "store_sales" and "store_cost". What is the difference in their actual meaning? Both store currency info - the amount of money that was involved in a transaction (along with pruduct ID, customer ID, store ID etc). It seems to me, that "store cost" means the prime cost of a product (money that the company spent to...
Answer:
Most wholesale and retail accounting set-ups will have the two categories sales and cost of goods sold...
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Other solutions
Answer:
Yes, add the two together. "Variable production costs", are the materials, labor, and utilities...
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i wanna know the exact definition of COST OF GOODS SOLD and how do they differ from SALES
Answer:
Cost of goods sold is the amount of money you spend on the item that you are going to sell. Sales is...
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Answer:
Direct Unit Costs and Direct Cost of Sales Let's say that you are in the business of selling widgets...
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Answer:
There is no difference between the cost of goods sold and cost of sales. Both are same. What if Cost...
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Lena U. at ChaCha Mark as irrelevant Undo
Answer:
This is a pretty easy answer. When you buy goods, you receive an invoice from your supplier. When you...
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Answer:
Cost of goods sold is the cost of raw materials and producing finished goods. Sales are amount collected...
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Answer:
sales revenue is exactly that, revenue. (income) cost of goods sold is an expense.
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Answer:
In accounting, cost of sales is what you payed for the goods you sold during that fiscal period. Expenses...
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