Multiply the average price per product or service sold by the total number of products or services sold to arrive at the total sales value. What is the definition of cost of sales? The direct costs of ...

Pre-tax or before-tax income is another term for gross income. Does Gross sales include cost of goods sold? Gross sales do not include operating expenses, also known as cost of goods sold (COGS), ...

Variable costs are dependent on the level of production output or sales. The variable cost of production is a constant amount per unit produced. As the volume of production and output increases ...