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A principle,developed by the courts and applied to the corrections arena by Pell v.Procunier (1974),that attempts to weigh the rights of an individual,as guaranteed by the Constitution,against the authority of states to make laws or to otherwise restrict a person's freedom in order to protect the state's interests and its citizens is commonly known as the _______________ test.
Cost of Merchandise
The total purchase cost of goods that a retailer, wholesaler, or distributor has bought for the purpose of reselling.
Freight In
The cost associated with transporting goods from the supplier to the buyer, typically recorded as part of the inventory cost.
Cost of Merchandise Sold
The direct costs attributable to the goods sold by a company, including the cost of the material and labor directly used in creating the goods.
Merchandising Company
A business that purchases finished goods for resale, making a profit on the sales margin.
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