Cost of Goods Sold
You have not received information that can help you directly get an idea of profit, but it seems you have other information that can help you get what you need to start doing some initial calculations.
Using the disclosed costs for each item in the table Costs
, your will start calculating the Cost of Goods Sold (COGS) to get an initial insight and to make way for future calculations. COGS is the sum of costs for manufacturing or acquisition of items excluding delivery of goods, sellers, and marketing.
We recommend you to keep working in your own workbook but if you lost progress you can open 1_2_cleaning_and_exploring_data_solution.pbix
from the Exercises folder on the Desktop
This exercise is part of the course
Case Study: Inventory Analysis in Power BI
Hands-on interactive exercise
Turn theory into action with one of our interactive exercises
