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Accounting for overheads: Classification and Departmentalization, Absorption of Overheads

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Accounting for Labor: Labor Cost Control, Procedure, Labor turnover, idle time and overtime

Methods of Wage Payment- Time and Piece Rates, Incentive Schemes

Accounting for overheads: Classification and Departmentalization, Absorption of Overheads

Determination of overhead rates, Under and Over Absorption and its treatment