Budgeted Cost of Goods Sold
After the budgeted cost of goods manufactured is complete, the company can develop the Budgeted Cost of Goods Sold. Budgeted cost of goods sold is calculated as follows:
| Budgeted Beginning Inventory | |
| + | Budgeted Cost of Goods Manufactured (or Purchases for a reseller) |
| = | Budgeted Goods Available for Sale |
| – | Budgeted Ending Inventory |
| = | Budgeted Cost of Goods Sold |