what is the DR CR for wage control acc
Dr wages Cr bank
Dr productions / WIP CR wages with direct laboru costs
Dr overheads, Cr wages with indirect labour costs
what is overtime payment?
the total amount paid for the hours wokred above the normal number of hours
what is overtime premium
the extra above the normal rate for the overtime hours. the premium will be a direct labour cost if the time has been worked at a specific request of a customer
is premium direct or indirect
if the extra hours are due to general pressures, the premium will be indirect
What would be indirect labour cost as overtime
General pressure
What would be direct labour as overtime?
Specific customer request
Calculate directly labour cost per unit
Total labour cost/total number of units produced
Our production workers direct or indirect labour costs
Direct
His holiday pay direct or indirect
Indirect
Is training time direct or indirect?
Indirect
What are the three groups of causes of idle time?
Productive causes, machine breakdown
Administration courses, policy changes
Economic causes, tax changes
