Planning and Control of Labour

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    Chapter 3 Planning and Control of Labour ( 28 videos)

      3.1: Introduction
      The term Labour and its classification
    1. The term Labour and its classification
      2. Labour Budget
    2. Labour Budget
      3. Problem 01: Labour Budget
    3. Problem 01: Labour Budget
      3.2: Costing for Labour
      Fixation of standard production time
    1. Fixation of standard production time
      2. Problem 02: Fixation of standard production time
    2. Problem 02: Fixation of standard production time
      3. Labour variance
    3. Labour variance
      4. Problem 03: Labour variance
    4. Problem 03: Labour variance
      3.3: Methods of Wage Computation
      Methods of Wage Computation
    1. Methods of Wage Computation
      2. Problem 04: Straight Piecework Plan
    2. Problem 04: Straight Piecework Plan
      3. 100 Percent Bonus Plan
    3. 100 Percent Bonus Plan
      4. Problem 05: 100 Percent Bonus Plan
    4. Problem 05: 100 Percent Bonus Plan
      3.4: Learning curve
      Learning Curve through Wright's Law
    1. Learning Curve through Wright's Law
      2. Problem 06: Learning Curve through Wright's Law
    2. Problem 06: Learning Curve through Wright's Law
      3. more on learning curve problem
    3. more on learning curve problem
      4. Learning Curve for Intermediate Output Levels
    4. Learning Curve for Intermediate Output Levels
      5. Problem 07: Learning Curve for Intermediate Output Levels
    5. Problem 07: Learning Curve for Intermediate Output Levels
      6. More on intermediate level problem
    6. More on intermediate level problem
      7. Learning Curve Rate Calculation
    7. Learning Curve Rate Calculation
      8. Problem 08: Learning Curve Rate Calculation
    8. Problem 08: Learning Curve Rate Calculation
      9. more on problem Learning Curve Rate Calculation
    9. more on problem Learning Curve Rate Calculation
      3.5: Labour Variance Analysis
      Labour Rate and Efficiency Variance
    1. Labour Rate and Efficiency Variance
      2. Problem 09: Labor Rate and Efficiency Variance
    2. Problem 09: Labor Rate and Efficiency Variance
      3. More on Problem 09: Labor Rate and Efficiency Variance
    3. More on Problem 09: Labor Rate and Efficiency Variance
      3.6: Accounting for labour related cost
      Overtime Earning ,Bonus and Vacation pay Liability
    1. Overtime Earning ,Bonus and Vacation pay Liability
      2. Problem 10: Overtime Earning ,Bonus & Vacation pay
    2. Problem 10: Overtime Earning ,Bonus & Vacation pay
      3. Pension Plans
    3. Pension Plans
      4. Payroll Journal Entries
    4. Payroll Journal Entries
      5. Problem 12: Payroll Journal Entries
    5. Problem 12: Payroll Journal Entries