IndigoLearn

Forums

Employee cost

Can u please explain the logic of answering this question?

Attachments

20200814_215651.jpg


Swathi Krishna

Swathi Krishna

CA Inter

7K+

14-Aug-20 21:58

51

Answers (2)

Best Answer

They have asked 3cases in case of regular OT, irregular OT, and due to customer expedite.. we have studied that if it is regular practice of company then we have to treat all the expenses i.e., normal wage and overtime premium is treated as employees wages so we have calculated inflated rate which is nothing but the average rate. If it is in irregular situation then the OT amount is alone treated as Overhead and the normal wage as employee cost. If it is due to customer expedite then total amount will be charged to the job. Hope u understand


Sri Varshini

Sri Varshini

CA Inter

575

15-Aug-20 18:48

Yes, I understood . Thank you so much


Thread Starter

Swathi Krishna

Swathi Krishna

CA Inter

7K+

15-Aug-20 19:31

Dusherra Offer
Inter Testimonials
Testimonials CA Foundation July 21