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Explain the meaning of the following terms in the context of cost accounting: i) Overtime premium.

      

Explain the meaning of the following terms in the context of cost accounting:

i) Overtime premium.

  

Answers


Martin
Overtime Premium

Overtime premium is the amount paid over and above the basic rate for any hours that are worked
outside a worker's contractual hours.
marto answered the question on February 15, 2019 at 10:05


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