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Labour costs

How production workers are paid and what that does to the cost of the product: time rate, overtime, piecework, bonuses and labour cost per unit.

Premium5 rooms44 questions45 min
See the first roomTime rate pay: hours worked times the hourly rate

Rooms in this module

  1. Time rate pay: hours worked times the hourly rate7 min, easyPremium
  2. Overtime premium: the extra paid for overtime hours10 min, mediumPremium
  3. Piecework pay: paid for each unit made9 min, mediumPremium
  4. Bonus schemes: extra pay for beating a target10 min, mediumPremium
  5. How to work out labour cost per unit9 min, mediumPremium

How this works

Each room answers one problem. A task is a few lines of reading, then questions you answer in the books: post to an account, type a figure, sort, match or write a journal. Every answer is marked at once, with the rule behind it. There are no videos.

Questions

How many rooms and questions are in Labour costs?

5 rooms and 44 questions. Every question is marked at once.

How long does it take?

About 45 minutes in all. A room takes 7 to 10 minutes, so you can do one at a time.

Is it free?

No. These rooms need Premium. Each room shows the start of its first task before you pay.

What should I do first?

Inventory valuation. It is the module before this one in Costing essentials.