What is overtime in cost accounting?
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Works at the World Health Organization, Lives in Geneva, Switzerland.
Accounting for Overtime. ... For purposes of this blog, overtime costs are those additional costs a contractor incurs to compensate an employee for working more than 40 hours in a workweek. The hours may be compensated at the employee's normal hourly rate or at a premium rate of pay.
2023-06-16 19:26:51
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William Thompson
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Accounting for Overtime. ... For purposes of this blog, overtime costs are those additional costs a contractor incurs to compensate an employee for working more than 40 hours in a workweek. The hours may be compensated at the employee's normal hourly rate or at a premium rate of pay.