Inventory & Production
Cost of Goods Sold (COGS) Calculator
Calculate the direct costs attributable to the production of goods sold.
Beginning Inventory
Beginning Inventory Value
$
Value of inventory at the start of the period
Purchases & Production
Raw Materials Purchased
$
Cost of raw materials purchased during the period
Direct Labor
$
Wages paid to production staff directly involved in manufacturing
Manufacturing Overhead
$
Factory rent, utilities, equipment maintenance, depreciation
Freight & Shipping In
$
Cost of shipping raw materials and goods into the facility
Ending Inventory
Ending Inventory Value
$
Value of inventory remaining at the end of the period
COGS
100%
Total COGS
$0
cost of goods sold
Goods Available for Sale
$0
Total Manufacturing Costs
$0
Cost of Goods Manufactured
$0
Ending Inventory
$0
📊 Detailed Breakdown
| Category | Amount | % of Total |
|---|
How the formula works
COGS = Beginning Inventory + Purchases + Direct Labor + Overhead + Freight − Ending Inventory
- Beginning Inventory = Value of inventory at the start of the period
- Total Manufacturing Costs = Raw Materials + Direct Labor + Overhead + Freight
- Goods Available for Sale = Beginning Inventory + Total Manufacturing Costs
- Cost of Goods Manufactured (COGM) = Goods Available for Sale − Ending Inventory
- COGS = Goods Available for Sale − Ending Inventory