Question

What is typically included in COGS?

raw materials
storage costs for the inventory
wages associated with creating the item
All of the answers are correct.

Answer 1

[AI-generated answer — Bot GPT 3.5]

All of the answers are correct. COGS (Cost of Goods Sold) typically includes the cost of raw materials, storage costs for the inventory, and wages associated with creating the item.

Answer 2

[AI-generated answer — Step-by-Step Bot]

All of the answers are correct. Typical components included in the cost of goods sold (COGS) are raw materials, storage costs for the inventory, and wages associated with creating the item.