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Topics discussed in the video: 00:08 - Labour Cost Introduction 05:25 - Direct and Indirect Labour Cost 09:52 - Time Recording 16:29 - Time Study & Time and Motion Study 22:27- Job Evaluation and Merit Rating 28:31 - Idle Time 39:49 - Normal Idle Time 41:04 - Abnormal Idle Time 46:13 - Overtime 57:55 - Labour Turnover 01:29:16 - Casual Worker 01:30:00 - Permanent Worker 01:31:15 - Out Worker 01:33:35 - Wage Payment System 01:55:41 - Halsey System 02:10:17 - Rowen System Welcome to our exclusive video on "Labour Cost - Cost Accounting" presented by renowned expert CA Raj K Agrawal. In this comprehensive tutorial, CA Raj K Agrawal will delve into the intricate world of labour cost accounting, unraveling its complexities and providing you with invaluable insights to enhance your understanding of cost analysis. In this highly informative session, CA Raj K Agrawal will guide you through the fundamental concepts of labour cost accounting, highlighting key principles, methods, and best practices used in the industry. Whether you are a student, professional, or entrepreneur seeking to optimize your cost analysis strategies, this video is a must-watch. Comprehensive Learning Platform - Study At Home Prepare for Academic, Professional, Competitive Exams & Skill Development Courses 💻 Windows: https://www.StudyAtHome.org 📱 Android & iOS App: "Study At Home - Learning App" - https://bit.ly/StudyAtHome_App Exclusive Skill Development Platform - Skillecture Netflix of Education. Monthly membership that gives access to wide range of skill development courses. 💻 Website: https://www.skillecture.com/ 📱 Android & iOS App: http://bit.ly/Skillecture Free Courses on YouTube: ✅ Costing Playlist - • Costing: Playlist | CA Raj K Agrawal ... ✅ Income Tax Playlist – • Плейлист ✅ GST Playlist - • GST Full Course: Playlist | CA Raj K ... ✅ Customs Playlist - • Customs Full Course: Playlist | CA Ra... ✅ Mathematics Playlist - • Quantitative Aptitude: Playlist | CA ... ✅ Statistics Playlist - • Плейлист ✅ Logical Reasoning Playlist - • Плейлист StudyAtHome.org is an e-Learning Platform, that provides Video Lectures for Class 8 to 12, CA, CS, CMA, CFA, JEE, NEET, Banking, SSC, Railway, CLAT, B.Com, M.Com, BBA, NTSE & Olympiad & Skill Development Courses like MS Office, Stock Market & Finance, Personality & Business Development, Digital Marketing, Accounting & Taxation, Etiquette & Grooming from India's Best Professors to prepare at the comfort of your home. 📞 Feel free to get in touch with us on 7776012345, 8737012345. ✔️ Telegram – https://t.me/StudyAtHome ✔️ Instagram – / studyathome ✔️ Twitter – / studyathome_org ✔️ Facebook – / studyathome.org ✔️ LinkedIn - / studyathome ✔️ WhatsApp - https://wa.me/917776012345 _____________________________________________ Platforms & App that we Use - 👉 Earn Money Online with Zero Investment (Affiliate Partner Program) - https://www.skillecture.com/courses/E... 👉 12% Club by BharatPe ( Earn 12% Interest, Withdraw Money Anytime) - https://twelveclub.onelink.me/2Cmd/rv... 👉 Per Annum (Earn 11% Interest, Withdraw Money Anytime) - https://www.lendbox.in/perannum?refer... 👉 Angel Broking (For Free Demat A/C) - https://tinyurl.com/2msgo7hg 👉 Upstox (For Free Demat A/C) - http://upstox.com/open-account/?f=6CLW 👉 CoinSwitch (Get Free Bitcoins worth Rs. 50) - https://coinswitch.co/in/refer?tag=DijVZ 👉 WazirX (For Crypto Trading & Investment) - https://wazirx.com/invite/mnjgzftn 👉 Cred (Get Cashback on each Credit Card Bill Pay and Scan & Pay) - https://app.cred.club/spQx/xlqdoz5h 👉 Google Pay (Earn Reward on Every UPI Payment, Assured Rs. 21 Cashback on First Transaction) - https://g.co/payinvite/z7t43l 👉 PhonePe (100% Safe UPI Payment, Rewards on All Transactions) - https://phon.pe/oorn4opo #labourcost #carajkagrawal #cmaintermediate #studtyathome #directlabourcost #indirectlabourcost #timerecording #timestudy #timeandmotionstudy #idletime #normalidletime #abnormalidletime #joevaluation #meritrating #overtime #labourturnover #casualworker #permannetworker #outworker #wagepaymentsystem #halseysystem #rowensystem