Methods of labour remuneration, Cost Accounting

Methods of Labour Remuneration

There Labour remuneration methods can be broadly classified into two factors as:

i. Time rate or on the basis of the time spend in the factory

ii. Piece Rate or On the basis of work done

Most of the remuneration methods are a collections of or modification of these two systems.

Posted Date: 2/5/2013 5:55:30 AM | Location : United States







Related Discussions:- Methods of labour remuneration, Assignment Help, Ask Question on Methods of labour remuneration, Get Answer, Expert's Help, Methods of labour remuneration Discussions

Write discussion on Methods of labour remuneration
Your posts are moderated
Related Questions
Currently the stock of Backstreet Toys (BT) is selling for $20 per share and the risk free rate is5%. a) Draw a payoff diagram for each of the following 3 portfolios: i. Buy

what is traditional costing system

Presented below is a list of terms relating to cost behavior, followed by definitions of those terms: a. Rent on a factory building b. Engineering approach c. Fixed cost

Determine Difference between Results Using Marginal Costing and Absorption Costing The overhead absorption rate for product X is Ksh.10 per machine hour. All unit of product X

some clarificationon how to compute closing stock and openning stock using marginal costing technique and absorption.

What does the cost principle mean for a company's income statement?

Labour Costs and Overhead costs Labour Costs Labour costs can be indirect or direct labour costs. Direct labour cost refers to wages paid to workers who such are directly

A soft drink maker wants to expand into a neighboring country.  They want the product bottled in that country to avoid political issues and to enhance the local image of the produc

To begin with, we require two successive balance sheets and the operating statement or loss and profit account relating the two balance sheets. There are two ways wherein this s

The following data relate to three joint products:                                                                               A                 B                     C