95. Cost of labour turnover may be treated as
(A) Direct wages (B) Prime cost
(C) Overhead (D) None of these
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Answer:
A) Direct wages
Explanation:
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(A) Direct wages
- The cost of labor is the amount of all wages paid to representatives, just as the expense of worker advantages and finance charges paid by a business. The expense of work is broken into immediate and roundabout (upward) costs.
- Direct expenses incorporate wages for the representatives that produce an item, remembering laborers for a sequential construction system, while circuitous expenses are related to helping work, for example, representatives who keep up with production line gear.
- Direct Wages imply financial sums paid by the Contractor or its subcontractor(s) to its representatives for straight time (non-additional time) hours worked, including shift differentials, if any.
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