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When writing a 1-page memo for audiences with varying technical backgrounds, preferably rewrite it at different levels for different backgrounds.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials, labor, and manufacturing overhead.
Gross Profit
The difference between sales revenue and the cost of goods sold.
Cost of Goods Sold
The direct monetary outlays for the creation of goods a company markets, including costs for labor and materials.
Cost of Goods Sold
Costs directly incurred from the process of manufacturing goods that a company sells, including the costs of materials and labor.
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