I own a picnic company. I purchase the materials & supplies needed to create the picnic (such as table, decor for table, tableware, etc.) I reuse these items over and over for each picnic I do. I’m not selling an actual item to my customer just the service of me setting everything up for them. They are basically renting my picnic set up. Would these items I use be categorized as COGS or a regular Supplies & Materials expense?
