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On the basis of Zoe's response, which type of ethics program does she prefer?
Net Operating Income
The total profit of a business after operating expenses have been deducted, but before taxes and interest.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold, excluding fixed manufacturing overhead.
Contribution Margin
The gap between sales income and variable expenses, showing the extent to which income aids in offsetting fixed expenses and creating earnings.
Cost-Volume-Profit
An analysis tool used to determine how changes in costs and volume affect a company's operating income and net income.
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