✏️ Cost of sales (also known as cost of revenue) and COGS both track how much it costs to produce a good or service. These costs include direct labor, direct materials such as raw materials, and the overhead that's directly tied to a production facility or manufacturing plant.
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✏️ Cost of sales (also known as cost of revenue) and COGS both track how much it costs to produce a good or service. These costs include direct labor, direct materials such as raw materials, and the overhead that's directly tied to a production facility or manufacturing plant.