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Welcome to Labour Costing Course.In any organisation, Labour Cost after material cost is significant element of cost not only because the wages cost is generally substantial, but also it has certain special characteristics, which other elements of cost do no have. If you want to gain good knowledge in Cost Accounting, then you must understand the features of labour cost.In this course, you will learn abouta) Classification of Labour Costb) Difference between Direct and Indirect Labour Costc) Labour Cost Controld) Roles of Departments in Controlling Labour Coste) Important Factor for the Control of Labour Costf) Collection of Labour Costg) Time Keepingh) Traditional Mehtods of Time Keepingi) Mechanical Methods of Time Keepingj) Requisites of a Good Time Keeping Systemk) Time Bookingl) Pay roll ProcedureThis course is structured in self paced learning style.Take this course to understand Basics of Labour Costing.

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