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List of forums -> Your suggestions and bug reports -> COGS

Suggestions on how to make our virtual business game better and reports about discovered errors.

Topic:

Topic created : 30.03.2020, 21:15

sanderrensink
Fitness Tycoon Four years with Virtonomics
Four years with Virtonomics
Four years with Virtonomics Winner of the Contest for Managers in the nomination The Standard of Virtonomics
l:
Sanderrensink Ltd.
m:
Sanderrensink Ltd.
 
my company > financial raport>  profit & loss.
 
Questing: is  the Cost of sales (COGS) right calculated.
 
I saw at internet another calcuation of COGS.   

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30.03.2020, 21:36

diska
Fourteen years with Virtonomics Beauty set King of the Fields Citronom Virtonomics Philanthropist 1st class Shagreen, VII-XV places Sponsor of the Contest for Tycoons The winner of the Breadwinner nomination of the Industry Competition
The winner of the Standard of Virtonomics nomination of the Industry Competition Planter
Holmes Pipe Dynamite Belgian chevron Jewelry Loupe Beauty set Perfume Dentist Sicilian olive
Italy Gold Italy Gold Shagreen, VII-XV places Six years with Virtonomics Fishing Pro Princely mansion Planter Landowner
Miner Helmet Award for helping other players
Fourteen years with Virtonomics Jewelry Loupe Beauty set King of the Fields King of the Fields Golden hook Golden hook Sponsor of the Contest for Tycoons
Magical bonsai MBA diploma
One year with Virtonomics
Fourteen years with Virtonomics Bronze bed-clothing Bronze underwear Estonian silver coin
l:
cnJDS
n:
Flaj Cokotlaj
m:
JDS
a:
Anna Ltd.
 
What is your suggestion? 
 

30.03.2020, 22:31

Last time edited : 30.03.2020, 22:50

sanderrensink
Fitness Tycoon Four years with Virtonomics
Four years with Virtonomics
Four years with Virtonomics Winner of the Contest for Managers in the nomination The Standard of Virtonomics
l:
Sanderrensink Ltd.
m:
Sanderrensink Ltd.
 
could you look at the formula in vitronomics?
 

 

found this on the internet.
 
COGS=Beginning Inventory+P−Ending Inventory
where
P=Purchases during the period
 
i dont now of this is a better sugestion is  
 

​  
 

31.03.2020, 21:55

faiez
Twelve years with Virtonomics
Two years with Virtonomics
Twelve years with Virtonomics
 
sanderrensink
could you look at the formula in vitronomics?
 
 
 
 
found this on the internet.
 
COGS=Beginning Inventory+P−Ending Inventory
where
P=Purchases during the period
 
i dont now of this is a better sugestion is  
 

this is the only way to calculate COGS. and this is how its done in this game as well. except there is one thing that I feel is probably wrong with the calculation that is the equipment amortization. you buy equipment for 30,000/pc but game values it at say 3,000. When you lose 1 equipment after an update, amortization comes to 3,000 and not 30,000 which is the actual cost. Same with labs. so you get reduced cogs (prime cost) and have to manually calculate machine depreciation per update.
 
I thought this thread would be about implementing IFRS or GAAP standards in game...but lol. 
 

List of forums -> Your suggestions and bug reports-> COGS

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