Examlex
Match each term with the correct definition.
-"Mices runned"
Sales
The total amount of a company's revenues earned from selling goods or services over a certain period of time.
Cost of Goods Sold
Cost of Goods Sold (COGS) indicates the direct costs attributable to the production of the goods sold by a company, including material and labor expenses.
Sales
The total income a company generates from selling goods or services before any expenses are subtracted.
Cost of Goods Sold
An expense measure that reflects the cost of the materials and labor directly tied to the production of goods sold by a company.
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