Cost of Goods Sold (COGS) is a critical financial metric that represents the direct costs incurred in producing goods or services. It includes expenses like raw materials, labor, and manufacturing overhead. Understanding COGS is vital for businesses to assess profitability, set accurate pricing, and identify areas for cost reduction. By managing and analyzing COGS effectively, companies can improve margins, make informed financial decisions, and ensure long-term sustainability. https://www.impactfirst.co/id/c/cogs