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Managerial accounting Job Card is a method of recording details of time with reference to the jobs or work orders undertaken by the workers. This

Managerial accounting Job Card is a method of recording details of time with reference to the jobs or work orders undertaken by the workers. This method facilitates the computation of labour cost with reference to jobs or work orders. Job cards may be of two types, one, which is a job order cost card, and contains information regarding material consumption as well as time spent by operators. The other one is, in effect, a job ticket, which is issued to an operator by the supervisor and contains only the operation details. When the operator starts the work, he records the time either manually or through time recording clock on the card.The attendance cards are used in time clocks installed at the entrance of the factory. On entering the factory, the worker takes his card from 'OUT' racks and press it inside the clock, which will print arrival time in 'IN' column. He then places it in 'IN' rack of the department where he reports for duty. Late attendance is normally reported in red ink. Similarly, when the employee leaves the factory, he collects the card from the 'IN' rack and punches the time in the clock and keeps it in the 'OUT' rack. It is necessary that the timekeeping staff are present at the time of punching the cards to supervise the procedure. The clock cards are Collected by the timekeeping staff daily or weekly for recording in Statutory Attendance Register. Correct recording of attendance time is very important where wages are paid on the basis of time worked. Where payment is made by results, such as, by piece rate method, it would still be necessary to record correctly the 'in' and 'out' timings.

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