Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
Sales is the revenue of company while cost of sales is the cost of goods which are used to manufacture the units of products for sales purpose
Direct cost of sales is that cost which directly identifiable with sales like purchases etc.
total cost of sales may include indirect cost as well while direct cost of sales only included direct costs.
IF cost of goods is available and margin is also provided then sales can be calculated as follows: Sales = Cost of goods / margin of sales
Cost of sales is the expenses to earn sales so cost of sales and net sales are not same, formula for gross profit is as follows: Gross profit = Sales - Cost of sales
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mtn group
Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
MTN co za is the official website of the service provider MTN. Information about MTN can be found on their official website by clicking on the About MTN link.
mtn group
Sales is the revenue of company while cost of sales is the cost of goods which are used to manufacture the units of products for sales purpose
Direct cost of sales is that cost which directly identifiable with sales like purchases etc.
From 500 $/MTn to $30,000 depending on grade and market conditions.
If you know the food cost against sales, it is 100*(food cost)/sales. If you do not know food cost or sales, you cannot know the answer.
total cost of sales may include indirect cost as well while direct cost of sales only included direct costs.
Cost of sales influances the gross profit to decrease or increase as following formula: Gross profit = Sales - Cost of sales