Cost of Goods Available for Sale

The Cost of Goods Available for Sale calculator computes the sum of the beginning inventory (BI) and the Cost of Goods Purchased (CoGP).  

INSTRUCTIONS: Choose your preferred currency units and enter the following:

• (BI) Beginning Inventory
• (CoGP) Cost of Goods Purchased

Cost of Goods Available for Sale: The calculator return the value in US dollars. However, this can be automatically converted to other currency units via the pull-down menu.

General Information

The equation is the beginning inventory plus cost of goods purchased. The Cost of Goods Available for Sale is the total recorded cost of beginning finished goods or merchandise inventory in an accounting period, plus the cost of any finished goods produced or merchandise added during the period. The Cost of Goods Available for Sale can be somewhat overstated, since it may include obsolete or damaged goods that are not really "available for sale".

See Also

• Microeconomics Calculator
• Macroeconomics Calculator
• Hospitality Operations Management Calculator