Labor Costing and Accounting
Objectives of payroll accounting. Calculations and recording of payroll, payroll taxes and deductions. Direct and indirect labour, Productivity and efficiency, Remuneration methods, Straight piece rate and differential piece rate, Incentive wage plan, Group bonus, Time sheet and job cards, Overtime and idle time; Labour turnover rate.
Course Material
- Introduction to Cost and Management Accounting
- Cost Accounting System Design and Organization
- Cost Classification and Concepts
- Cost Classifications (Continued)
- Cost Accounting Cycle
- Cost of Goods Sold Statement
- Job Order Costing
- Process Costing
- Cost of Production Report
- Cost of Production Report (Continued)
- Material Planning Costing and Control
- Material Planning, Costing and Control
- Material Planning, Costing and Control
- Labor Costing and Accounting
- Factory Overhead Costing and Accounting
- Standard Costing and Variance Analysis
- Chapters 16
- Department Business Administration
- Teacher
Mr. Ahmad Saeed
