Write short note on Labour cost.
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Labour cost is that portion of salary or wage, which can be identified with and charged to a single unit cost of production.
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HEY MATE HERE IS THE ANSWER....
SHORT NOTE ON LABOUR COST...
The cost of labor is the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. The cost of labor is broken into direct and indirect (overhead) costs.
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