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Cost of Goods Sold
Cost of goods sold (COGS) represents the direct costs attributable to the production of goods sold by a company, including materials and labor.
Merchandise Inventories
Goods or products that a company holds for the purpose of sale to customers in the ordinary course of business.
Sales Budget
A detailed plan that estimates future sales, usually expressed in both units and dollars, for a specific period.
Raw Material Purchases
The acquisition of the basic materials and components required for the production of goods.
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