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As Nather (2013) points out, one of the weakness in Kohlberg's theory of moral reasoning is his claim that:
Direct Labor Cost
The expense associated with employees who are directly involved in the production process.
Net Operating Income
A financial metric that calculates a company's profitability by subtracting operating expenses from its operating income.
Variable Costing
A method of costing that includes only variable production costs (costs that vary with production volume) in the cost of goods sold and excludes fixed manufacturing overhead.
Net Operating Income
Earnings derived from a company's regular business activities, excluding deductions of interest and taxes.
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