Why overtime premiums are treated as direct labour costs

Assignment Help Managerial Accounting
Reference no: EM131162729

If Eunice is paid a certain amount per hour and overtime is paid at time and a half, when Eunice works overtime, he will receive the full payment that includes the overtime worked. From this ,

a) explain why overtime premiums are treated as direct labour costs.

b) employees who work night shifts may be entitled to a shift allowance or shift premium. How is shift allowance similar to overtime premiums?

Reference no: EM131162729

Questions Cloud

Carla wahburn case : Refer to the Carla Wahburn case in the textbook's website (www.routledgesw.com/cases). Think about and discuss with your peers what fields of social practice may come into play in services to Ms. Washburn. Gerentology is obvious, but there are oth..
Personal values and beliefs regarding ethnic : Use the Journal to evaluate and identify your personal values and beliefs regarding ethnic groups and minorities. This self-evaluation should be written in paragraph form with an Introduction, Body, and Conclusion.
Find a 95% confidence interval for the coefficient of mangan : The data used to fit the model in Exercise 1 are presented in the following table, along with the residuals and the fitted values. Plot the residuals versus the fitted values. Does the plot indicate that the linear model is reasonable? Explain.
Criticism that modernization theory : There is much criticism that modernization theory is Eurocentric. Do you think dependency theory and globalization theory are also biased? Why or why not? Compare and contrast modernization theory, dependency theory, and globalization theory. Whic..
Why overtime premiums are treated as direct labour costs : If Eunice is paid a certain amount per hour and overtime is paid at time and a half, when Eunice works overtime, he will receive the full payment that includes the overtime worked. From this, explain why overtime premiums are treated as direct l..
How much should be bet on each round : If the customer starts with $4 and wants to maximize the chances of finishing with at least $7 after two rounds, how much should be bet on each round?
Explanations for the division of household labor : 1. Explain the three explanations for the division of household labor. 2. Explain the challenges that families face in balancing work and family demands. 3. Explain the issues associated with leaving or staying in an abusive relationship.
Construct an activity on node network for the project : Construct an activity on node network for the project. -  Identify the paths and path project durations.- Determine the critical path and the expected project completion time.
How is the gender of sexuality : How is the gender of sexuality connected to the gender of the body?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd