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To calculate the common size number for the Cost of Goods Sold (COGS), we need to divide the Cost of Goods Sold by Sales and multiply by 100 to express it as a percentage.

The formula is:

\[
\text{Common Size Number for COGS} = \left(\frac{\text{COGS}}{\text{Sales}}\right) \times 100
\]

Given:
- COGS = 655,925
- Sales = 955,600

Let's perform the calculation:

\[
\frac{655,925}{955,600} \times 100 = \left(0.6863\right) \times 100 = 68.63\%
\]

So, the common size number for COGS is **68.63**.

Would you like more details on this calculation? 

Here are 5 related questions to further expand this topic:
1. What is the common size number for Retained Earnings?
2. How do you calculate the common size number for Inventory?
3. How can common size analysis help in financial comparison between companies?
4. How does Long-Term Debt affect a company's financial ratios?
5. What are other common size percentages that are useful in financial analysis?

**Tip:** When performing common size analysis, it's important to know that the benchmark can be either industry averages or a specific company’s past performance.

What is the common size number for Cost of Goods Sold? Adjust your answer so that it is between 0 and 100, with 2 decimal places (e.g., 56.25).

Learn how to calculate the common size number for Cost of Goods Sold using sales data and financial figures. In this problem, COGS is 655,925 and sales are 955,600, resulting in a common size number of 68.63%. Suitable for college-level accounting or finance students.

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