Methods of labour remuneration, Cost Accounting

Assignment Help:

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.


Related Discussions:- Methods of labour remuneration

Prepare a master budget, Pecos Canyon Winery is a small vineyard/winery loc...

Pecos Canyon Winery is a small vineyard/winery located in the Big Bend area of West Texas. The initial cabernet grape vines were planted in the spring of 2004 with the first wine p

Analysis of variance, ANALYSIS OF VARIANCE When the actual are not simi...

ANALYSIS OF VARIANCE When the actual are not similar from the standards, variance exists. Variance may be unfavorable or favorable. When the actual cost is more than the standa

How would i calculate the debt amortization, How would I calculate the debt...

How would I calculate the debt amortization for a bond issued at discount with a maturity of 12 years, market interest rate at issue 10% annually, 5% semi annually, and has a state

CVP Break even analysis, Bottoms Up company produces high quality sports eq...

Bottoms Up company produces high quality sports equipment. the companie''s racket division manufactures three tennis rackets- the Standard, Deluxe and the Pro that are widely used

Determine the expected range of returns , Series Arithmetic Mean ...

Series Arithmetic Mean Standard Deviation   Small-company stocks 15.9  % 32.8  %   Large-company

Calculate the cost per unit for products, Chemical Recovery Company uses co...

Chemical Recovery Company uses common machinery to manufacture two products.  Each year, the company has a total of four productions runs, which is two production runs for each pro

What is the original cost of the auto?, I'm having a hard time with this, c...

I'm having a hard time with this, can you please help? I know the dates are imparative also in finding the solution. Stevens purchased an auto on Jan 1, 2001. On December 31, 2003

Valuation of inventory or closing and issues stocks, Valuation of Inventory...

Valuation of Inventory or Closing and Issues Stocks Valuation of inventory aims on attaching a monetary value in the issued or stores for production. It is useful in producing

Labour Costs and Overhead Costs, Labour Costs and Overhead costs Labo...

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

Calculated the net working capital, Balance Sheet                      ...

Balance Sheet                                                                      2010                2011             Assets Cash

Write Your Message!

Captcha
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