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

Material sampling - analyszing direct materials cost, A. Material Sampling ...

A. Material Sampling -Analyzing Direct Material Costs You are reviewing a cost proposal, which includes an $800,200 direct material estimate. After Initial examination of the pro

Income received in advance, This is the income received but not earned thro...

This is the income received but not earned throughout the accounting period. Conversely, this is the income for those services are to be rendered in future. Such income is deducted

Homework, i need help on my homework

i need help on my homework

Wat is bep in cost accounting, The level of activity at which total revenue...

The level of activity at which total revenues eqivalent total costs. A point at which there is no profit and no loss.

Evaluate outstanding balance, Winston Duff is planning to borrow $225,000 ...

Winston Duff is planning to borrow $225,000 to purchase a new home. Mr. Duff is considering two fixed-rate financing alternatives offered by Horsepen Creek State Bank. The first

Determine the current ratio, When firms enter into loan agreements with the...

When firms enter into loan agreements with their bank it is very common for the agreement to have a restriction on the minimum current ratio the firm has to maintain. So, it is imp

Contract costing terminology, Contract Costing Terminology Principles ...

Contract Costing Terminology Principles of profit income recognition in contracts The Notional Profit This is a component of two items as: a) Profit taken   = Noti

Group bonus plan, Group Bonus Plan There are specific operations or j...

Group Bonus Plan There are specific operations or jobs that require to be done collectively via a group of workers, as an example of, continuous production work flows in asse

Equivalent value of any non-cash assets received, The principle that (1) re...

The principle that (1) requires revenue to be recognized at the time it is earned, (2) allows the inflow of assets associated with revenue to be in a form other than cash and (3) m

Example of process cost report, Example of Process Cost Report Let sup...

Example of Process Cost Report Let suppose that the beginning work in progress in a Company in the month of November was 1,000 units that were 100 percent complete in terms of

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