Opening inventory  XXXX

Add: Purchases  XXXX

 Add: Carriage in XXXX

Add: Direct wages XXXX

Add: Factory Expenses XXX

Here, comes total cost of goods available for sales

less: Closing Inventory XXX

eventually, Cost of goods sold XXXX


What is cost  of Good Sold?

Cost of Good Sold  is the expenditure the firm made directly related while selling products or services