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amd112299
April 15, 2022
Question

Should I report the costs of baking ingredients as a supply expense? (I own a baking business)

  • April 15, 2022
  • 1 reply
  • 0 views
I make custom cookies. To do this I must purchase ingredients (eggs, butter, flour, etc) for each order. Is this something I should report as a supply expense?

1 reply

LeonardS
LeonardS
April 15, 2022

Yes, the ingredients you purchase to make your custom cookies should be reported as a supply expense.

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B
boonas
September 26, 2024

I thought these were considered as raw materials and applied towards cost of goods?

VolvoGirl
VolvoGirl
Employee
September 26, 2024

Yes either way.  If you carry inventory you usually enter it as cost of goods sold.  Or you can report it as Supply expenses.

 

 

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