Here i have explained the concept of Overtime and Overtime Premium with practical example.

I have also explained the treatment of Overtime Premium in Cost Accounting.

⏱TIMESTAMPS
00:00 - Overtime Concept
02:56 - Practical Example
08:32 - The Factories Act, 1948
15:12 - Accounting Treatment of Overtime Premium

Labour Costing Chapter Playlist
https://youtube.com/playlist?list=PLVjZhvcpvcGosEwWqeIRkbClTiivKcCzI&si=OuB6brlgF4BfHmQ5

This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.

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