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After taking command of the southern campaign for the Americans, Nathanael Greene
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Inventory Cost Flow Assumption
An accounting assumption that determines how the cost of inventory is allocated to the cost of goods sold and ending inventory.
Cost of Goods Available
The total cost of goods that are available for sale during a certain period, including goods purchased or manufactured.
Periodic System of Inventory
An inventory system that updates inventory balances at the end of a certain period, involving periodic physical counts.
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