cost of goods sold (COGS):
"An accounting classification useful for determining the amount of direct materials, direct labor, and allocated overhead associated with the products sold during a given period of time."

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Terms related to cost of goods sold (COGS):
  Acquisition cost
  Actual cost
  Finished goods
  period cost
  Planned cost
  process costing
  Product costing
  product costs
  project costing
  Setup costs
  Standard cost
  Stockout costs
  Storage costs