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).
As we noted earlier, when finished goods are sold, their cost is called the cost of goods sold (COGS) . The cost of goods sold is based on the cost of goods manufactured (COGM) . Refer to the illustrations below showing how COGS and COGM are determined: Illustration 17: Formula for cost of goods manufactured (COGM).