Wages department, Cost Accounting

Wages Department

It is accountable for the preparation of the payroll and the payment of wages. The routine will need:

a) Analysis of clock cards and verify of overtime authorization

b) Computation of bonus

c) Compilation of gross earning

d) Computation of deductions

e) Preparation of pay details for all employee showing total wages

f) Arranging for payment of wages to employees

Posted Date: 2/5/2013 6:29:04 AM | Location : United States







Related Discussions:- Wages department, Assignment Help, Ask Question on Wages department, Get Answer, Expert's Help, Wages department Discussions

Write discussion on Wages department
Your posts are moderated
Related Questions
list and discus the problem encountered in adopting profit as a yardstick in measuring performance

1. The bank added another company's deposit to our account. This would be included on the bank reconciliation as a(n). a) addition to the balance per books. b) subtraction from the

according to a factory cost ledger, job no 51 has incurred the following costs: direct material - 30

how variable cost help in decision making.with suitable example

Slick Corporation is a small producer of synthetic motor oil. During May, the company produced 5,000 cases of lubricant. Each case contains twelve quarts of synthetic oil. To achie

Flexible budgets provide different information than static budgets. Discuss some of these differences. Is a flexible budget always better? Are there times when you’d recom

Accounting for Job Order Costing - Direct Materials Direct materials (i) Dr Stores ledger control Account Cr Cash Account - for cash purchasers              X (ii) D

Most of David's clients are local. However, a few of his clients require out of town travel. He incurred $2,500 of airfare, $1,570 in lodging and $1,313 in meals relating to the bu

Disadvantages of Standard Costing 1. The system of standard costing is very expensive to install : A lot of money is spent in studying output requirements in terms of materia

FDP Company produces a variety of home security. Gary Price, the company’s president, is concerned with the fourth quarter market demand for the company’s products. Unless someth