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Step 2. Set COGS Parameters

Cost of Goods Sold are essentially variable cost items.  An increase in sales results in an increase in the Cost of Goods Sold.

When you click the Set Cost of Goods Sold button you see the following popup:

The botom section of the Cost of Goods Sold allows the user to enter items that vary directly with sales (expressed as a percent of sales).

After all values are entered click the Save button to save the values.

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