What is overtime premium? Discuss its treatment in cost accounting and suggest a procedure for its control.
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What is overtime premium? Discuss its treatment in cost accounting and suggest a procedure for its control.
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Overtime premium refers to the additional compensation paid to employees for working beyond their regular working hours In most cases it is calculated as a percentage of the employees regular hourly w...View the full answer
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Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
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Related Book For
Management Accounting Text Problems And Cases
ISBN: 9781259026683
6th Edition
Authors: M Y Khan, P K Jain
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