Cost of revenue, also known as Cost of Goods Sold (COGS), is the direct costs associated with producing its goods or services. The direct costs may include: Raw material costs. Direct labor wages. Direct factory overheads. Other costs such as administrative expenses, research and development, and interest expenses are NOT included in the cost of sales.
Learn Cost of Revenue with interactive examples and practice exercises in our Income Statement module.
This interactive learning module helps you understand Cost of Revenue through hands-on practice and real-world examples.