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cost of goods sold

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Love_Acc



Joined: 03 Oct 2008
Posts: 1

Posted: Fri Oct 03, 2008 11:29 pm    Post subject: cost of goods sold  

Hi,
1) May I know if there is a standard cogs and actual cogs?

2) If yes, can explain what is standard cogs and actual cogs.

3) In contribution margin, how can I see the standard and actual and also the variance?

Hope to get advice.

Thanks
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irsfixer



Joined: 24 Jul 2007
Posts: 167
Location: Houston

Posted: Sat Oct 04, 2008 6:21 am    Post subject: Re: cost of goods sold  

Love_Acc wrote: Hi,
1) May I know if there is a standard cogs and actual cogs?

2) If yes, can explain what is standard cogs and actual cogs.

3) In contribution margin, how can I see the standard and actual and also the variance?

Hope to get advice.

Thanks

Do your own homework or you will never become a good accountant.
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