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In the following, discuss whether Marina is treating relevantly similar cases in sufficiently similar fashions; identify instances in which the cases are not relevantly similar.
Marina criticizes the Japanese for killing and eating whales, but she eats beef.
Variable Costing
An accounting method that only includes variable costs, such as materials and labor, in the cost of goods sold and excludes fixed overhead costs.
Direct Costing
A method in managerial accounting that includes variable costs directly attributable to the production of a product in the cost of goods sold, excluding fixed costs.
Full Costing
An accounting method that includes all direct and indirect costs in the price of a product or service.
Carrying Cost
The total costs associated with holding inventory or assets, including storage, insurance, and taxes.
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