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Labour Costing
23 Lessons-
StartIntroduction to Labour Costing
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StartDifference between Direct and Indirect Labour Cost
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StartLabour Cost Control
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StartRoles of Departments in Controlling Labour Cost
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StartFactors Controlling Labour Cost
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StartCollection of Labour Cost
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StartTime Keeping
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StartTraditional Methods of Time Keeping
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StartMechanical Time Keeping
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StartRequisites of Good Time Keeping System
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StartTime Booking
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StartReconciliation Gate Card and Job Card
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StartObjectives of Time Keeping
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StartPayroll Procedure
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StartIdle Time
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StartOvertime Premium
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StartEffects of OT on Productivity
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StartSteps for Controlling Overtime
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StartLabour Turnover
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StartLabour turnover due to new recruitment
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StartCauses of Labour Turnover
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StartEffects of Labour Turnover
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StartSteps available for minimising labour turnover
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Online Course on Labour Costing
Online Course on Labour Costing
Course Summary
Welcome to this Online Course on Labour Costing
In this course you will learn :
1.Introduction to Labour Costing
2.Difference between Direct and Indirect Labour Cost
3.Labour Cost Control
4.Roles of Departments in Controlling Labour Cost
5.Factors Controlling Labour Cost
6.Collection of Labour Cost
7.Time Keeping
8.Traditional Methods of Time Keeping
9.Mechanical Time Keeping
10.Requisites of Good Time Keeping System
11.Time Booking
12.Reconciliation Gate Card and Job Card
13.Objectives of Time Keeping
14.Payroll Procedure
15.Idle Time
16.Overtime Premium
17.Effects of OT on Productivity
18.Steps for Controlling Overtime
19.Labour Turnover
20.Labour turnover due to new recruitment
21.Causes of Labour Turnover
22.Effects of Labour Turnover
23.Steps available for minimising labour turnover
Course Curriculum
CA N Raja Natarajan
I am a Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.
