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Valuing labour cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Valuing labour cost

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • January 22, 2023 at 4:22 am #677189
    Avatar2004@2004
    Participant
    • Topics: 17
    • Replies: 20
    • ☆

    Sir, Do we need to pay the labour for their leisure time, the time taken to have lunch or tea? If we do, Is it an overhead?

    January 22, 2023 at 11:22 am #677216
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54848
    • ☆☆☆☆☆

    it depends on what the agreement is with the workers as to whether or not they are paid for the time taken having lunch etc..

    If they are paid, then it is idle time, and I explain how idle time is dealt with in my free lectures.

    January 22, 2023 at 1:57 pm #677222
    Avatar2004@2004
    Participant
    • Topics: 17
    • Replies: 20
    • ☆

    Oh, ok, Thank you, Sir, it was a doubt in my mind for a long time, and now it is cleared.

    January 22, 2023 at 4:04 pm #677227
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54848
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Valuing labour cost’ is closed to new replies.

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