Skip to main content

Posts

Showing posts with the label Meaning and Components of Labour Cost. Concept

iPhone 16 Series All Details & Leaks Are Here! AI, New Button, Big Display...

Unlocking the Secrets: iPhone 16 Series Revealed! AI, New Buttons, and Big Displays Unveiled! Are you eagerly awaiting the next big release from Apple? Brace yourself for the iPhone 16 series, where innovation meets anticipation. In this article, we'll delve into all the exciting details and leaks surrounding this highly anticipated release. AI Integration  One of the most buzzed-about features of the iPhone 16 series is its enhanced AI capabilities. With advanced algorithms and machine learning, these phones promise to deliver a smarter, more intuitive user experience. From personalized recommendations to seamless voice commands, get ready to interact with your device like never before. New Button Dynamics Say goodbye to the conventional button layout! The iPhone 16 series is rumored to introduce a new button configuration that enhances functionality and usability. With the addition of an action button, users can expect quicker access to their favorite features and applications, m

COST ACCOUNTING - Notes of Labour for B.com

Notes of  Labour: Meaning and Components of Labour Cost. Concept, Accounting and Control of Idle  time and Overtime. Methods of Wage Payment and Incentive Plans, Labour Turnover. Labour Cost: Meaning and Components **Introduction:** Labour cost refers to the total expenditure incurred by a business for employing and compensating its workforce. It encompasses various components that represent the remuneration and associated expenses of employees in an organization. Components of Labour Cost 1. **Basic Wages:**    - Basic wages are the fixed part of an employee's compensation. They are predetermined and agreed upon as part of the employment contract. 2. **Dearness Allowance (DA):**    - DA is an allowance provided to employees to offset the impact of inflation on their purchasing power. It's typically a variable component and can change periodically. 3. **House Rent Allowance (HRA):**    - HRA is an allowance given to employees to cover their housing expenses. The amount varies d