This account is debited with total wages paid (direct and
indirect). Direct wages are further transferred to Work-in-Progress Account and indirect
wages to Production Overhead; Administration Overhead or Selling & Distribution
Overhead Account, as the case may be. Wages paid for abnormal idle time are
transferred to Costing Profit & Loss Account either directly or through Abnormal Loss
Account.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment