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Inventory management, manufacturing, and business strategy for small-batch product businesses.

COGM (Cost of Goods Manufactured) — What It Means and How to Calculate It

inventory management

COGM (Cost of Goods Manufactured) — What It Means and How to Calculate It

COGM (Cost of Goods Manufactured) is the total cost to produce finished goods in a period. Here's what it means, the formula, and how it differs from COGS.

· 13 min read