Labour Costs

Description

Level 3 AAT AAT Level 3 (Cost and Revenues) Flashcards on Labour Costs , created by claire.harrison on 24/02/2015.
claire.harrison
Flashcards by claire.harrison, updated more than 1 year ago
claire.harrison
Created by claire.harrison over 9 years ago
9
0

Resource summary

Question Answer
Time Rate Paid for the time spent at work
Salary Annual set amount
Piecework Paid on the units of output produced
Bonus Additional pay if output is better than expected
Overtime Payment Whole Payment i.e. time and a half
Overtime Premium the extra part of the payment i.e. if paid 'time and a half' the overtime premium would be the half.
Show full summary Hide full summary

Similar

Inventory Costs
claire.harrison
Apportionment
claire.harrison
Goodwill
claire.harrison
Goodwill Example
claire.harrison
Financial Statements Flashcards
claire.harrison
Advanced bookkeeping week 2, recap chapters 1 - 4
ross young
Ethics
ross young
Apportionment
Francois Erasmus
Inventory Costs
Francois Erasmus
Accounting Dictionary Website
claire.harrison
Inventory Valuation Flash Cards
Francois Erasmus