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

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