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Answer 1

Answer:

Q1)Its primary purpose is to facilitate managers in decision making. The main activities of cost accounting are: Budgeting: In cost accounting, various budgets are prepared, showing cost, revenue, profit, production capacity and efficiency of plant and machinery, as well as the efficiency of workers.

Q2)As per the provisions of Factories Act, overtime wages is the double the usual rates of wages. If the Factories Act provisions are not applicable, there is an agreement between the employer and employee. ... At the same time, no worker is forced or compelled to work in overtime.

Explanation:

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