COST AND MANAGEMENT ACCOUNTING (MALİYET VE YÖNETİM MUHASEBESİ) - (İNGİLİZCE) Dersi Labor Costs soru detayı:

PAYLAŞ:

SORU:

What are payment forms, which are the cores of labor costs, and the differences between them?


CEVAP:

Labor costs emerge because of two fundamental activities, which are manufacturing and nonmanufacturing. Labor costs have several components that are different from each other. At the core of labor costs, there is payment. That payment may be in the form of a wage or salary. Salaries are fixed payments to employees for their performance and productivity working on a monthly basis. However, wages are payments to employees working on an hourly or daily basis. Wage is, in general terms, the amount of money to be paid in cash by an employer or by a third party to a person in return for work performed by him.