One of the Main Differences Between the Calculation of Cost

question 174

Short Answer

One of the main differences between the calculation of cost of goods sold for a merchandiser and that of a manufacturer is that the calculation includes cost of goods purchased for the merchandiser, but the manufacturer replaces that with ________.

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Definitions:

Carol Gilligan

An American feminist, ethicist, and psychologist known for her work on ethical relationships and moral development, particularly in the context of gender.

Conventional morality

A stage in moral development where individuals conform to societal norms and laws, often to uphold authority and maintain social order.

Kohlberg

A theorist known for his work on the development of moral reasoning in individuals, categorizing this development into stages.

Preindustrial societies

Societies characterized by an economy based on agriculture, with limited technological development and a predominance of subsistence farming.