Biaya Tenaga Kerja | Akuntansi Biaya

Summary

The video discusses the topic of labor costs in a cost accounting course for accounting students at Politeknik Negeri Medan. It explains the importance of calculating labor costs for managerial decisions and details different classifications of labor costs, such as production, marketing, and administrative labor. The video also covers methods for calculating regular wages, overtime premiums, and related costs, as well as the significance of accurately distributing labor costs for production orders. Students are encouraged to practice problems to master the calculations and analysis of labor costs.

Takeaways

• 📘 The session is an introduction to the cost accounting course, specifically focusing on labor costs in the context of cost accounting.
• 👷 Labor costs are essential to understand and calculate as they are a significant part of production costs and are often predetermined in exam questions.
• 🔍 The importance of calculating labor costs is emphasized for managerial decision-making, highlighting the need for accurate cost control.
• 💼 Labor costs are categorized based on the main functions within an organization, such as production labor costs, marketing labor costs, and administrative labor costs.
• 🏭 Production labor costs are directly related to the manufacturing process and include wages, benefits, and overtime pay for factory workers.
• 📈 Marketing and administrative labor costs are considered supporting costs and include salaries and benefits for non-production staff such as marketers and secretaries.
• 🔑 Labor costs can also be classified according to the departments within a company, distinguishing between production and non-production departments.
• 👥 Further classification of labor costs is based on the type of worker, such as operators, foremen, and supervisors, with different roles falling into different categories.
• 👷‍♂️ Direct labor costs are those directly involved in the production process and are considered part of the production costs, while indirect labor costs are overhead costs.
• 📊 The script provides a detailed example of how to calculate labor costs, including the distribution of labor costs, wage calculations, and the accounting entries involved.
• 📝 The process of calculating labor costs includes determining regular wages, overtime premiums, and other labor-related costs, and the script illustrates this with a practical example involving two employees.

Q & A

What is the main topic of the lecture?

The main topic of the lecture is 'Cost Accounting' with a specific focus on 'Labor Cost'.

Why is it important to understand the calculation of labor costs?

Understanding the calculation of labor costs is crucial for managerial decision-making and controlling various costs within an organization.

What are the three main categories of labor costs based on the primary function within the company?

The three main categories of labor costs based on the primary function within the company are production labor costs, marketing labor costs, and administrative and general labor costs.

What does 'production labor cost' include?

Production labor cost includes wages of factory workers, welfare costs, and overtime pay, all of which are related to factory employees.

How are marketing labor costs related to the sales targets achieved by employees?

Marketing labor costs include wages and welfare costs for marketing employees, as well as commissions that may be paid if sales targets are met.

What are the two main departments in a company when classified according to activity?

The two main departments in a company when classified according to activity are the Production Department and the Non-Production Department.

What are the three specific types of workers often categorized by their job roles?

The three specific types of workers often categorized by their job roles are operators, foremen, and supervisors.

How is direct labor cost calculated and accounted for in production?

Direct labor cost is calculated based on the actual hours worked by employees on specific orders and is considered a production cost component.

What is the process of calculating regular wages and salaries for employees?

Regular wages and salaries are calculated based on the gross agreed-upon amount, which is then typically reduced by tax deductions such as health insurance, retirement insurance, and others.

How are overtime premiums calculated in a company?

Overtime premiums are calculated as an additional percentage of the regular wage rate for hours worked beyond the standard workweek, often 40 hours, with the example given being a 50% premium.

What are setup costs and how are they accounted for?

Setup costs are expenses incurred to initiate production and are accounted for as direct labor costs, included as part of the production costs and charged to the specific order.

What is idle time and how is it treated in labor cost accounting?

Idle time refers to periods when employees are not working due to production hindrances such as power outages or machine breakdowns. The costs associated with idle time are typically included in factory overhead costs.

What is the significance of incentive pay in relation to regular wages and salaries?

Incentive pay is provided by companies to motivate employees to work more efficiently. It can be calculated in two ways: per unit of output for meeting a standard output quantity or as a differential price, depending on the number of units completed.