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COGS & COGM why will there be difference ?

Posted on Dec 03, 2007 at 08:23 AM 14 Views

Hi Guru,

COGS & COGM why will there be difference ?

and how to reconcile the same.

warm regards

Manjunath

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  • author's profile photo Former Member
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    Posted on Dec 03, 2007 at 08:38 AM
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    COGM includes all expenses incurred in manufacturing the product. whereas COGS includes all expenses incurred in manufacturing (COGM) plus the sales and distribution related expenses.

    you add sales and distribution related expenses to COGM to get the COGS. this way you can reconcile both.

    Thanks n regards,

    Ganesh JK

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