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Re: Rawnoc post# 169

Tuesday, 01/20/2015 11:10:12 PM

Tuesday, January 20, 2015 11:10:12 PM

Post# of 238
LOL, except we weren't discussing today's PR, we were discussing their last filing with negative gross margins. wink

As for "allocation of overhead" in COGS? Sorry, no.

"The direct costs attributable to the production of the goods sold by a company. This amount includes the cost of the materials used in creating the good along with the direct labor costs used to produce the good. It excludes indirect expenses such as distribution costs and sales force costs."
www.investopedia.com/terms/c/cogs.asp

Hope that helps. wink

Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson