labour hour rate


labour hour rate

Accounting dictionary. 2014.

Look at other dictionaries:

  • direct labour hour rate — labour hour rate 1) The individual rate of pay per hour paid to operators categorized as direct labour 2) An absorption rate used in absorption costing. It is obtained by the following formula: (budgeted cost centre overheads)/(budgeted direct… …   Accounting dictionary

  • rate per direct labour hour — A basis used in absorption costing for absorbing the manufacturing overhead into the cost units produced. The formula is: budgeted manufacturing overhead/budgeted direct labour hours. A different approach to cost allocation is used in activity… …   Accounting dictionary

  • rate per direct labour hour — A basis used in absorption costing for absorbing the manufacturing overhead into the cost units produced. The formula is: budgeted manufacturing overhead budgeted direct labour hours. A different approach to cost allocation is used in activity… …   Big dictionary of business and management

  • Labour hire — is the term applied to provision of outsourced skilled and unskilled blue collar workers hired for short or long term positions.The workers, known as field employees, temps, on hired employees or even just employees, are employed by the labour… …   Wikipedia

  • Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …   Wikipedia

  • Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

  • Labour and tax laws in Iran — govern the employment and fiscal contributions of people working and living in Iran. Roughly one fourth of Iran s labour forc is engaged in manufacturing and construction. Another one fifth is engaged in agriculture, and the remainder are divided …   Wikipedia

  • Labour Party (UK) — Labour Party …   Wikipedia

  • labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

  • labour law — Body of law that applies to matters such as employment, wages, conditions of work, labour unions, and labour management relations. Laws intended to protect workers, including children, from abusive employment practices were not enacted in… …   Universalium