Examlex
A teacher might be quite formal in the classroom but use profanity or substandard speech in the teacher's lounge.According to Erving Goffman,if students are the "audience," then the teacher's lounge would be the teacher's
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials and labor.
Retail Inventory Method
An accounting method used by retailers to estimate inventory cost by using a cost-to-retail price ratio based on both beginning inventory and purchases during the period.
Ending Inventory
The total value of all inventory a company has available for sale at the end of an accounting period.
Average Cost
A method of inventory costing that determines the cost of goods sold and ending inventory based on the weighted average cost of all purchases.
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