The lowdown on labor costs
- Terminology Development and Labour Costs Classification in Accounting and Analytical Administration System. Bayanova, Olga V. // Upravlenec;2011, Issue 9/10, p38
The article contains opinions of scientists and extracts from legislative and statutory acts concerning labour costs. The term labour costs in administration accounting system is revealed. The functional model of labour costs classification is developed. Labour costs classification in accounting...
- A profit-rate invariant solution to the Marxian transformation problem. Loranger, Jean-Guy // Capital & Class;Spring2004, Vol. 28 Issue 82, p23
The proposed solution is based on the assumption of the invariance of the general profit rate and a money wage level determined simultaneously with prices. The labour cost is determined in the value space by a given exploitation rate (based on a historical cost as the other input coefficients)...
- A Commitment Approach to Management Development. House, Robert J. // California Management Review;Spring65, Vol. 7 Issue 3, p15
If enthusiasm and money could insure success, development programs should be turning out enough managers for all industries. Yet the evidence is to the contrary. In many cases these programs have caused problems or undesirable results.
- Manufacturing unit labor costs fall again in second quarter. // Compensation & Working Conditions;Aug2002, pN.PAG
Reports on the decline in manufacturing unit labor costs in the U.S. in the second quarter of 2002. Factors which contributed to the decline; Formula in measuring the change in unit labor costs.
- Cost Accounting of Labour Costs: Theoretical Aspects of Development. Bayanova, Olga V. // Izvestia Uralskogo Gosudarstvennogo Ekonomiceskogo Universiteta;2011, Vol. 37 Issue 5, p12
The paper describes prerequisites of emergence and development of cost accounting of labour costs in Russia and abroad, its concept and essence. The fathers of cost accounting are specified and quoted. The author investigates the differences in labour costs accounting when applying various...
- The True Costs of Sourcing from China. Carboni, James // Financial Executive;Oct2005, Vol. 21 Issue 8, p22
The article discusses the costs of sourcing from China for U.S. manufacturers. Purchase cost is determined by raw material, labor, and overhead costs. Labor rates in the U.S. are expected to be roughly 20 times the rates in China by 2009. The more direct labor involved in the manufacturing...
- TIRES & TUBES. // U.S. Industry Quarterly Review: Chemicals;2002 3rd Quarter, p42
The article presents revenue and costs of the U.S. tires and tubes industry. The revenue and prices in the second quarter of 2002 was $15.0 billion, and increase of $0.3 billion since the third quarter of 2001. It is projected to touch $16.0 billion in the second quarter of 2004. The labor costs...
- TRANSPORTATION. // U.S. Industry Quarterly Review: Transportation & Logistics;2002 2nd Quarter, p169
The article presents a table depicting information on the revenue earned and gross operating profit made by the U.S. transportation industry. The fields covered in the table are labor cost and industry price. The quarterly data been analysed covers the period from 2001 to 2004.
- Start Thinking About Your Financial Accounting System. Chaneski, Wayne S. // Modern Machine Shop;Jan2007, Vol. 79 Issue 8, p50
The article discusses the importance of thinking about one's financial accounting system. In a standard cost-based financial accounting system, the fastest way to see bottom line savings is to reduce the direct labor cost. Another thing to consider regarding one's current financial accounting...