#2 Labour Costing - Methods of Remuneration - B.COM / CMA / CA INTER - By Saheb Academy
In this video I have explained the different Methods of Remuneration such as
1. Time Rate System
2. Straight Piece Rate System
3. Taylor's Differential Piece Rate System
4. Merrick Differential Piece Rate System
We have also solved problems on Taylor and Merrick.
After watching this video you will be easily able to calculate Labour Remuneration or Wages paid to workers.
Previous Video : #1 Labour Turnover Rate
• #1 Labour Turnover Rat...
This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.
Clear your doubts by direct messaging us on Instagram
/ sahebacademy
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#CostAccounting #LabourCosting #EmployeeCost
Пікірлер: 122
You are awesome dude, really easy to follow and you have 100% helped me in my studies. Thank you!!
@ahmadhasif979
2 жыл бұрын
What are you studying? If i may asked, What type of course had this subject?
@saranyaks8093
2 жыл бұрын
@@ahmadhasif979 BCom....This is cost accounting
Excellent explanation very easily can understand whatever you teach. You are a wonderful coach /facilitator. Thanks for this videos
you are amazing sir. Your videos make me 100% clear on this subject. Please make some videos on Income tax laws and practice paper for b.com.
Amazing explanation Thank u so much ☺️
your explanation more better than my lecture !!
And the way u explain us each and every topic/ chapter that is superb🫰👌🤟
Many many thanks 🙏bro My concept is fully cleared 😍
Thank you soo much for explaining that🥺❤️
Plsssss cover overhead Costing... plsss 🙏
Thank u so much sir . May god bless u
Thanks a lot! Perfect explanination.
Thank you so much for your support sir 🙏, I didn't attend the classes in college, Then also I got good marks in exam, from your good explanation videos 🙏🙏🫡🫡
Plz keep doing vedios for b.com accounts ..tqqqq so much sir ..uh have great knowledge ...its very helpfull for us ...im blessed to have uh on this field ...since from past 3 semesters im following ur videos ..may jesus bless uhhpraise d lord🙏🙌
Thank you so so much!! Lot's of love ❤️❤️❤️❤️❤️❤️
Thanks alot....This helped me so much
thank youu soo muchh brooo, u saved me, well explained
Bruh you are superb✨ I actually fell in love with you by the way you are teaching ❤️
It's very useful. Thank you sir.. If any overheads videos posted sir..
Couldn't have better 🎉❤
you're a hard worker, keep it up buddy
We need teachers like u in our college 🤍
Thank you sooo much sir 🖤
Thank you soo much sir once again..May god bless you !!!! Pls upload partnership accounts in group 1 and operating costing and overheads sir..
@dennisraymond6580
3 жыл бұрын
i guess it is kinda off topic but does anyone know of a good place to stream new series online ?
@cohenpeyton3080
3 жыл бұрын
@Dennis Raymond Lately I have been using Flixzone. Just search on google for it =)
Thankyou very much sir ❤
You make the subject seem nice. 😇
@csn8413
3 жыл бұрын
Thank you Sir🙏
Sir I just love your voice 😊
Tq bro super and amazing🤩👍 bro
Amazing explanation sir 😊
Thank you sir ❤️❤️❤️🙏🙏🙏🙏🙏
Can you please confirm that Piece rate systems have been excluded from CA inter? Your explanations are too good. Thank you for your help.
Recommend some books to practice cost accounting and budget control
good job! Goooo ahead! God bless u all time!
Excellent teaching ❤️🤘👌
Thank you very very much
Overhead complete karwa do sir ...... ( Classification / absorbation )
How do you calculate if you get the time saved as negative? Do you ignore the negative?
Thank you sir 🙏
Such a beautiful and understanding videos sir really appreciate your class and teaching 🥳🥳🥳❤️❤️❤️💯💯 perfect for a distant education student like me
Thank you sir
Thankyou so much sir
Thank-you 🍀
Thank you sir🙏🏻❤️
you are very amazing 😍😍😍
Thank u so much sir...
I am looking for cost sheet in your channel but unable to find so could you pls give me the link
great teaching
Saheb Sir,, Plzz upload some solved Problems of Labour Costing. .. as i am completely relied on you🙏
@SahebAcademy
4 жыл бұрын
In this video I have solved two problems and the next video with halsey and rowan problems will be uploaded soon..
@anaswaras5310
9 ай бұрын
@@SahebAcademy is there any regular class for cainter
Hey in some books it is said that according to merik's differential piece rate if a person's efficiency is above 100% then he will get 130% of normal piece rate.... Then what to choose 120% or 130% .....??
Thnku 😊
In merrick when we are calculating efficiency standard output needs tk multiply acc to question not in every.
Can you please make videos on overheads,
Sir if u don't mine then remain cost accounting k ch bh vidwo bnao na....bht help ho jayegaa
Excellent💯 work
Saved!! 💯
Really good explainatn
Very easy nice explanation
On time base: we take actual hours × standerd hours or Actual hours
Tqsm
Tysm
Easy n simple
Tq sir..
Bhaii accounts aap itna axxa padhate ho BRF v pdha do na bro pllzzzz ya phir company law hi .... 😒😒😒
Sir You know you are gorgeous 😍😍😍
Sir please upload notes of this chapter 🙏🙏
emerson efficiency plan?
Jai Hind Sir 🇮🇳
Hello sir I have one doubt regarding Taylor system for dec 20exams that the rates have. Been changed is it 125% or 120%??
@kruthisubbaiah.b4849
3 жыл бұрын
Even I have same doubt. I checked with my ma'am and she told 83% for inefficient and 125% for efficient worker
@skk9394
3 жыл бұрын
@@kruthisubbaiah.b4849 yaa thanks dear for clearing it. One. Of my sir told me that different rates applicable like for ca it's 120% which we were studying cma institute also follow same or different aisa kuch but for cs it's 83 % so different institute carrying different rates
What about halsey weir premium plan that 30%
Sir, for Merrick's piece rate system isn't 130% of normal piece rate is applicable instead of 120%?
How to calculate strandard production?
Wt is normal rate how to calculate it
In ROWAN PLAN METHOD ( TOTAL PRODUCTION DURING THE DAY) this mean what bro like a TT, TR,TS,ST? Which one is this bro pls tell tomorrow exam???????
Sir there is no video on gantt method
Where is third part of this series
Op bro
Nice
Is this a whole chapter that is covered in only 3 videos???
Gantt Task Bonus plan..?
I love you 😖💕
sir kub ai gi next method
Next video link?
Now the piece rate for Taylor is changed......it's 83%for inefficient and 175% for efficient...i think...plz can someone confirm
Classic
Sir what is formula for Taylor and mex
@lokeshbasia4538
Жыл бұрын
Merric
Teller rate method Telugu lo kavali please
Sir, but actual production was even equal to standard production it's less then 156🙄🙄 I am going to be confuse because couldn't understand that how is he a efficient work
But price rate formula is = no of units manufactured * rate per unit rate . Right you used another formula I get confuse bro
Like the piece rate in Taylor's method ... The piece rate in merrick's example should also be = time rate ÷ std output per hour right? Coz in the question time rate was given...
A's Earning 120% Of normal piece Rate was applied Plz check the answer
Hlo sir please make a video on how to make balance sheet of schedule part 3 in corporate accounting
9:40
Plzz, Upload marginal cost video sir
SIR ... low rate is 83% and high rate is 175%...
@sigmamale3115
Ай бұрын
Wow u gonna fail
@Bundeli_trio
Ай бұрын
@@sigmamale3115 beta tune puri life me itne marks ni achieve kiye honge jitte me ek br me krleti hu
15:33 to be continued
what if tha labor produces more than standard production 🤔
@dipeshrawat2587
2 жыл бұрын
Got the answer? I have the same doubt
@nikitayewale
2 жыл бұрын
⭐If worker produces more than standard production= 120% ⭐If worker produces less than standard production= 80%
This is why Amazon employees relieve themselves in bottles. There is no time allowed for such human needs. The data age is over. It's the age of the genius now.
Bro tamil la teach panteinkala bro
Sir I have a doubt in one question that is The following information is given in respect of Mr. a in a factory Normal rate per hour = rs 1 Normal piece rate = 255 more of time rate Expected output is 25units per hour. Mr A produces 180 units in an 8hour day. Calculate his wages for the day on time basis and piece basis.
Hindi me bta deta bhai ,🥲
12:54😂
@SavageMunde
Жыл бұрын
😒