Definitions for "Cost Of Goods Sold"
COGS. An income statement figure which reflects the cost obtaining raw materials...
COGS is calculated by adding all of the expenses a business incurs as a result of producing its product or service. In a manufacturing business, cost of goods sold includes labour; in a retail or service business, labour is not part of COGS, but is an operating expense.
COGS Cost that the company incurs that can be directly associated with the production of a good or service. (example: a carpenter producing a chair will consider the wood, glue and nails as part of its cost of goods sold)
Keywords:  proxy, vote
proxy vote
Sales less total expenditure. Excludes interest, depreciation and tax.
Another term for cost of sales.