CHOICES: TIME AND MOTION STUDY FINANCIAL ACCOUNTING PHASE IN LABOR COST CONTROL TIMEKEEPING COST CONTROL PHASE IN LABOR COST CONTROL CLOCK CARD TIME TICKET DAILY TIME REPORT PAYROLL SHEET EARNINGS RECORD PAYROLL CHECK INCENTIVE SYSTEM 1. It is concerned with the determination of the breakdown of the payroll and the making of labor cost entries on cost sheets or production reports. * 2. It is used by a worker in accounting for the total number of hours timed in for a day. * 3. It is concerned with the determination of how much to pay employee and the keeping of the earnings records 4. It is concerned with the total number of hours worked by each employee and what worker does each hour he is being paid 5. It provides for additional financial compensation to workers and at the same time reduces the fixed overhead cost per unit 6. Different tasks are observed and analyzed to eliminate unnecessary motions and set the standard time for the performance of each task. 7. It shows the number of hours worker has devoted to a job during a day. 8. It shows when the worker reports for work and when he goes out and is used as basis in the computation of his gross pay 9. It shows the different amounts earned by an employee for a period and he deductions made therefrom 10. It shows how much employee's net pay is arrived at by providing columns for gross pay and deductions aside from net pay