Cost of Goods Sold

Computed from fulfilled sales orders — quantity sold × the product's recorded unit cost.

Revenue (fulfilled orders)

$16,323.10

6 orders

Cost of goods sold

$6,060.00

4 products

Gross profit

$10,263.10

in the black

Gross margin

62.9%

of revenue

COGS by product

ProductQty soldUnit costCOGSRevenueMargin
Widget Type AWID-001430$4.50$1,935.00$5,585.7065%
Widget Type B (Heavy Duty)WID-002260$7.25$1,885.00$5,197.4064%
Steel Mounting BracketCMP-201600$2.10$1,260.00$3,300.0062%
Rubber Gasket 3inCMP-30570$14.00$980.00$2,240.0056%

Manufacturing — cost of goods manufactured

Material cost consumed by builds sent to QC or completed$400.00

This is inventory investment, not revenue-matched COGS — Manufacturing's finished goods aren't currently linked to Inventory products, so they can't be matched to a sale the way Inventory #1 products are above. See Transaction History for the full build-by-build breakdown.

Standalone invoices — revenue with no cost basis

2 invoices not tied to a sales order$7,979.40

These invoices' line items are free-text descriptions with no linked product, so no unit cost is available — they're excluded from the COGS calculation above. Generate invoices from a sales order to have them flow into COGS automatically.