What is the formula for cost of goods sold?

Related questions

1. What are office expenses?
2. What are examples of expenses?
3. Is Pension Expense an operating expense?
4. What are prepaid expenses examples?
5. What are considered operating expenses?
6. What is the difference between selling expenses and administrative expenses?
7. What are general expenses?
8. Is salary a direct or indirect cost?
9. What goes under selling expenses?
10. Is payroll an SG&A expense?

Tags

1. #inventory
2. #equation
3. #subtracting
4. #little
5. #first
6. #makes
7. #might
8. #period
9. #strange
10. #adding
11. #formula
12. #sense
13. #calculated
14. #goods
15. #purchases
16. #ending
17. #beginning