Rent, salaries, insurance and depreciation are examples of the cost of goods sold.

Name: Rent, salaries, insurance and depreciation are examples of the cost of goods sold.
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Quizplus · Accepted Answer

Rent, salaries, insurance, and depreciation are not considered part of the cost of goods sold. The cost of goods sold refers specifically to the expenses directly related to the production or purchase of goods sold by a company. Rent, salaries, insurance, and depreciation are typically classified as operating expenses.

Rent, Salaries, Insurance and Depreciation Are Examples of the Cost