Cost Accounting Chapter-5 | Labour-1 | CWG for BCOM

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Welcome to CWG for BCom! In this video, we dive into Chapter 5 of Cost Accounting, focusing on the first part of "Labour." This session is crucial for BCom and BBA students as we explore the key concepts and methods related to labor costs, including:

*Introduction to Labour Costs*
*Types of Labour*
**Labour Turnover Ratio **
*Timekeeping and Time Booking*
*Methods of Wage Payment*
*Incentive Schemes*

Whether you're preparing for exams or strengthening your understanding of cost accounting, this video is designed to help you succeed. Don’t forget to take notes and revisit challenging sections for better clarity!

📘 *Watch next:*
[Previous Video: Chapter 4 - Material
[Next Video: Chapter 6 - Labour-2]

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