United States home front during World War II. United States home front during World War II supported the war effort in many ways, including a wide range of volunteer efforts and submitting to government-managed rationing and price controls. The labor market changed radically.
It is also known as cost of sales. Cost of goods sold is an expense charged against sales to work out a gross profit (see definition below). So, for example, we may have sold 100 units this year at $4 each, and these 100 units that we sold cost us $3 each originally.So our sales would be $400 and our cost of the goods we sold (cost of sales) would amount to $300. This would result in a gross profit of $100 (sales minus cost of sales).Cost of goods sold is not the same as purchases, as you will see from our examples below.ost of goods sold is an expense charged against sales to work out a gross profit (see definition below). So, for example, we may have sold 100 units this year at $4 each, and these 100 units that we sold cost us $3 each originally.
For example, given sales of $500,000 for the year and 40,000 units sold, the price per unit is $12.50 ($500,000 divided by 40,000). Deriving per-unit price in this fashion requires that your company maintain detailed and accurate sales invoices that itemize quantity sold and sales price for each item.rice per unit details how much you charge for each unit of an item sold. If on a particular day, your business sells a cell phone for $100, a cell phone carrying case for $25 and a car charger for $30; your sales are $155.