For this reason, the high-efficiency furnaces are sometimes referred to as âcondensing gas furnacesâ as that is what separates them from the previous configurations. With this in mind, there is no longer the need for exhausting through a B-vent but instead the exhaust can be directly through PVC pipe.
COGS also includes other direct costs such as labor to produce the product, supplies used in manufacture or sale, shipping costs, costs of containers, freight in, and overhead costs directly related to the manufacture or production activity (like rent and utilities for the manufacturing facility).
COGS are reported under expenses as the costs directly related to either the product or goods sold by a company or the costs of acquiring inventory to sell to consumers. If the cost of goods sold exceeds the revenue generated by the company during the reporting period, the revenue did not generate a profit.