#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

  • @noelyb1550
    @noelyb15503 жыл бұрын

    You are awesome dude, really easy to follow and you have 100% helped me in my studies. Thank you!!

  • @ahmadhasif979

    @ahmadhasif979

    2 жыл бұрын

    What are you studying? If i may asked, What type of course had this subject?

  • @saranyaks8093

    @saranyaks8093

    2 жыл бұрын

    @@ahmadhasif979 BCom....This is cost accounting

  • @wethearomaofchrist6434
    @wethearomaofchrist6434 Жыл бұрын

    Excellent explanation very easily can understand whatever you teach. You are a wonderful coach /facilitator. Thanks for this videos

  • @gurumoorthy2002cdm
    @gurumoorthy2002cdm2 жыл бұрын

    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.

  • @samyukthakrishna1984
    @samyukthakrishna19843 жыл бұрын

    Amazing explanation Thank u so much ☺️

  • @psychobaby7760
    @psychobaby77603 жыл бұрын

    your explanation more better than my lecture !!

  • @user-gt9kv9df2z
    @user-gt9kv9df2z Жыл бұрын

    And the way u explain us each and every topic/ chapter that is superb🫰👌🤟

  • @pulakdas8514
    @pulakdas85142 жыл бұрын

    Many many thanks 🙏bro My concept is fully cleared 😍

  • @rivamudaliar532
    @rivamudaliar5322 жыл бұрын

    Thank you soo much for explaining that🥺❤️

  • @subhadeepdey6640
    @subhadeepdey66403 жыл бұрын

    Plsssss cover overhead Costing... plsss 🙏

  • @sathyamb4877
    @sathyamb48773 жыл бұрын

    Thank u so much sir . May god bless u

  • @suyogwagh64
    @suyogwagh64 Жыл бұрын

    Thanks a lot! Perfect explanination.

  • @mashettyn.creations..949
    @mashettyn.creations..949 Жыл бұрын

    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 🙏🙏🫡🫡

  • @ONE_TAP_GAMER_555
    @ONE_TAP_GAMER_5552 жыл бұрын

    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🙏🙌

  • @footballeditz_11
    @footballeditz_11 Жыл бұрын

    Thank you so so much!! Lot's of love ❤️❤️❤️❤️❤️❤️

  • @progaming-ns2vz
    @progaming-ns2vz3 жыл бұрын

    Thanks alot....This helped me so much

  • @jannatulnaeemtilotama1432
    @jannatulnaeemtilotama1432 Жыл бұрын

    thank youu soo muchh brooo, u saved me, well explained

  • @lakshmiram-jh2fy
    @lakshmiram-jh2fy3 ай бұрын

    Bruh you are superb✨ I actually fell in love with you by the way you are teaching ❤️

  • @srilakshmi3701
    @srilakshmi37013 жыл бұрын

    It's very useful. Thank you sir.. If any overheads videos posted sir..

  • @user-cq4nr6zn8b
    @user-cq4nr6zn8b3 ай бұрын

    Couldn't have better 🎉❤

  • @gamerzone.0815
    @gamerzone.08154 ай бұрын

    you're a hard worker, keep it up buddy

  • @gauravchanda5464
    @gauravchanda54648 ай бұрын

    We need teachers like u in our college 🤍

  • @adityaa473
    @adityaa4734 жыл бұрын

    Thank you sooo much sir 🖤

  • @muneerabanu4013
    @muneerabanu40134 жыл бұрын

    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

    @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

    @cohenpeyton3080

    3 жыл бұрын

    @Dennis Raymond Lately I have been using Flixzone. Just search on google for it =)

  • @tusharmore1782
    @tusharmore17822 ай бұрын

    Thankyou very much sir ❤

  • @ramyachandrasekaran6340
    @ramyachandrasekaran63403 жыл бұрын

    You make the subject seem nice. 😇

  • @csn8413

    @csn8413

    3 жыл бұрын

    Thank you Sir🙏

  • @Simu_2601
    @Simu_260111 ай бұрын

    Sir I just love your voice 😊

  • @ashu-ix6ri
    @ashu-ix6ri2 жыл бұрын

    Tq bro super and amazing🤩👍 bro

  • @aartibhavsar4038
    @aartibhavsar40383 ай бұрын

    Amazing explanation sir 😊

  • @deepakamath5445
    @deepakamath54453 жыл бұрын

    Thank you sir ❤️❤️❤️🙏🙏🙏🙏🙏

  • @saikatchakraborty2794
    @saikatchakraborty27943 жыл бұрын

    Can you please confirm that Piece rate systems have been excluded from CA inter? Your explanations are too good. Thank you for your help.

  • @harikutty6958
    @harikutty69583 жыл бұрын

    Recommend some books to practice cost accounting and budget control

  • @brightschoolandcollege
    @brightschoolandcollege4 жыл бұрын

    good job! Goooo ahead! God bless u all time!

  • @shadulovelyeditz
    @shadulovelyeditz8 ай бұрын

    Excellent teaching ❤️🤘👌

  • @mrsatish9978
    @mrsatish99782 жыл бұрын

    Thank you very very much

  • @HSM970
    @HSM9703 жыл бұрын

    Overhead complete karwa do sir ...... ( Classification / absorbation )

  • @lindahmugambi1376
    @lindahmugambi1376 Жыл бұрын

    How do you calculate if you get the time saved as negative? Do you ignore the negative?

  • @shaileshsingh2787
    @shaileshsingh27873 жыл бұрын

    Thank you sir 🙏

  • @itzmehsumi1233
    @itzmehsumi12332 жыл бұрын

    Such a beautiful and understanding videos sir really appreciate your class and teaching 🥳🥳🥳❤️❤️❤️💯💯 perfect for a distant education student like me

  • @rudraanandf1
    @rudraanandf14 ай бұрын

    Thank you sir

  • @shubhamjain1575
    @shubhamjain15753 жыл бұрын

    Thankyou so much sir

  • @its_me_01_
    @its_me_01_2 жыл бұрын

    Thank-you 🍀

  • @swarnadeepdebnath6437
    @swarnadeepdebnath64375 ай бұрын

    Thank you sir🙏🏻❤️

  • @imashaprabodhani9335
    @imashaprabodhani93352 жыл бұрын

    you are very amazing 😍😍😍

  • @mst.tanjilaakhter581
    @mst.tanjilaakhter5819 ай бұрын

    Thank u so much sir...

  • @nancynannu3988
    @nancynannu39883 жыл бұрын

    I am looking for cost sheet in your channel but unable to find so could you pls give me the link

  • @neelamgupta2296
    @neelamgupta22963 жыл бұрын

    great teaching

  • @twinklee73
    @twinklee734 жыл бұрын

    Saheb Sir,, Plzz upload some solved Problems of Labour Costing. .. as i am completely relied on you🙏

  • @SahebAcademy

    @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

    @anaswaras5310

    9 ай бұрын

    ​@@SahebAcademy is there any regular class for cainter

  • @SavageMunde
    @SavageMunde Жыл бұрын

    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% .....??

  • @saniyanadeem7766
    @saniyanadeem77662 жыл бұрын

    Thnku 😊

  • @vikramsandhu5.
    @vikramsandhu5.3 жыл бұрын

    In merrick when we are calculating efficiency standard output needs tk multiply acc to question not in every.

  • @nainakashyap7686
    @nainakashyap76862 жыл бұрын

    Can you please make videos on overheads,

  • @pradeepsoni4249
    @pradeepsoni42493 жыл бұрын

    Sir if u don't mine then remain cost accounting k ch bh vidwo bnao na....bht help ho jayegaa

  • @dhanshrisonar947
    @dhanshrisonar947 Жыл бұрын

    Excellent💯 work

  • @lokey3104
    @lokey31043 жыл бұрын

    Saved!! 💯

  • @Neha.521
    @Neha.5213 жыл бұрын

    Really good explainatn

  • @PoojaGupta-mu3rv
    @PoojaGupta-mu3rv Жыл бұрын

    Very easy nice explanation

  • @javariaaziz2727
    @javariaaziz27272 жыл бұрын

    On time base: we take actual hours × standerd hours or Actual hours

  • @lovescars2725
    @lovescars2725 Жыл бұрын

    Tqsm

  • @bismabintebashir3890
    @bismabintebashir38902 жыл бұрын

    Tysm

  • @chakhuwangsu6031
    @chakhuwangsu60312 жыл бұрын

    Easy n simple

  • @bhavanidarapureddy8895
    @bhavanidarapureddy88953 жыл бұрын

    Tq sir..

  • @anjalimaurya9903
    @anjalimaurya99033 жыл бұрын

    Bhaii accounts aap itna axxa padhate ho BRF v pdha do na bro pllzzzz ya phir company law hi .... 😒😒😒

  • @Psyne11
    @Psyne112 жыл бұрын

    Sir You know you are gorgeous 😍😍😍

  • @NogoNoob
    @NogoNoob3 жыл бұрын

    Sir please upload notes of this chapter 🙏🙏

  • @shinnydot2276
    @shinnydot22763 жыл бұрын

    emerson efficiency plan?

  • @nikitayewale
    @nikitayewale2 жыл бұрын

    Jai Hind Sir 🇮🇳

  • @skk9394
    @skk93943 жыл бұрын

    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

    @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

    @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

  • @aamnasheikh1021
    @aamnasheikh10212 жыл бұрын

    What about halsey weir premium plan that 30%

  • @SweataSharma-vz4nm
    @SweataSharma-vz4nm5 ай бұрын

    Sir, for Merrick's piece rate system isn't 130% of normal piece rate is applicable instead of 120%?

  • @sabihakhan5517
    @sabihakhan5517 Жыл бұрын

    How to calculate strandard production?

  • @sowmyakarree4539
    @sowmyakarree45392 жыл бұрын

    Wt is normal rate how to calculate it

  • @moviestimesf1958
    @moviestimesf1958 Жыл бұрын

    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???????

  • @nehaagarwal6877
    @nehaagarwal68772 жыл бұрын

    Sir there is no video on gantt method

  • @shubhamjain1575
    @shubhamjain15753 жыл бұрын

    Where is third part of this series

  • @bindassboss485
    @bindassboss4852 жыл бұрын

    Op bro

  • @naZmulhasan-sf7mv
    @naZmulhasan-sf7mv2 жыл бұрын

    Nice

  • @preetika_001
    @preetika_00110 ай бұрын

    Is this a whole chapter that is covered in only 3 videos???

  • @KurulkarPooja
    @KurulkarPooja3 жыл бұрын

    Gantt Task Bonus plan..?

  • @modibhaktnumber1832
    @modibhaktnumber1832 Жыл бұрын

    I love you 😖💕

  • @irhakhan8855
    @irhakhan88552 жыл бұрын

    sir kub ai gi next method

  • @_official_bhansali
    @_official_bhansali2 жыл бұрын

    Next video link?

  • @unknown-kc4kp
    @unknown-kc4kp Жыл бұрын

    Now the piece rate for Taylor is changed......it's 83%for inefficient and 175% for efficient...i think...plz can someone confirm

  • @dhaneshsivakumar4701
    @dhaneshsivakumar47012 ай бұрын

    Classic

  • @lokeshbasia4538
    @lokeshbasia4538 Жыл бұрын

    Sir what is formula for Taylor and mex

  • @lokeshbasia4538

    @lokeshbasia4538

    Жыл бұрын

    Merric

  • @revathidevitirupathi5759
    @revathidevitirupathi57592 жыл бұрын

    Teller rate method Telugu lo kavali please

  • @user-gt9kv9df2z
    @user-gt9kv9df2z Жыл бұрын

    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

  • @chiruentertainment1375
    @chiruentertainment1375 Жыл бұрын

    But price rate formula is = no of units manufactured * rate per unit rate . Right you used another formula I get confuse bro

  • @studywithannapurna
    @studywithannapurna Жыл бұрын

    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...

  • @yourfootballerwb5633
    @yourfootballerwb56332 жыл бұрын

    A's Earning 120% Of normal piece Rate was applied Plz check the answer

  • @vasuda7324
    @vasuda73244 жыл бұрын

    Hlo sir please make a video on how to make balance sheet of schedule part 3 in corporate accounting

  • @malleshmv5283
    @malleshmv5283 Жыл бұрын

    9:40

  • @ladybird3141
    @ladybird31413 жыл бұрын

    Plzz, Upload marginal cost video sir

  • @Bundeli_trio
    @Bundeli_trio Жыл бұрын

    SIR ... low rate is 83% and high rate is 175%...

  • @sigmamale3115

    @sigmamale3115

    Ай бұрын

    Wow u gonna fail

  • @Bundeli_trio

    @Bundeli_trio

    Ай бұрын

    @@sigmamale3115 beta tune puri life me itne marks ni achieve kiye honge jitte me ek br me krleti hu

  • @viswajav9657
    @viswajav96575 ай бұрын

    15:33 to be continued

  • @sudharshan.s647
    @sudharshan.s6472 жыл бұрын

    what if tha labor produces more than standard production 🤔

  • @dipeshrawat2587

    @dipeshrawat2587

    2 жыл бұрын

    Got the answer? I have the same doubt

  • @nikitayewale

    @nikitayewale

    2 жыл бұрын

    ⭐If worker produces more than standard production= 120% ⭐If worker produces less than standard production= 80%

  • @tashawaters89
    @tashawaters894 ай бұрын

    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.

  • @sudhasethuraman7129
    @sudhasethuraman71292 жыл бұрын

    Bro tamil la teach panteinkala bro

  • @kausarfatima7329
    @kausarfatima73293 жыл бұрын

    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.

  • @HELLO-uq5yi
    @HELLO-uq5yi Жыл бұрын

    Hindi me bta deta bhai ,🥲

  • @anan_here2394
    @anan_here2394 Жыл бұрын

    12:54😂

  • @SavageMunde

    @SavageMunde

    Жыл бұрын

    😒