Applying COGS thinking to services = Cost of Services Sold (COSS):
The term COSS, (Cost Of Services Sold) is not a generally recognized accounting term and is likely to frustrate your accountant if you...
KNOWLEDGE BASE:
- 1 min
Why knowing your per-unit costs is so important for product businesses
By breaking down your costs to the base (smallest) unit of production you can determine what it takes to make a profit on a selling 1...