Labour Budgets

jewels.p

What is the best order to do a labour budget in? I can handle production budgets but get all muddled up when trying to put the labour budget in some kind of order.

Any tips?

A-Vic

Not sure if this is what your asking but when calculating labour budget i

Calculate avaliable Hours

Then Hours Needed

Work out standard hours @ Standard Cost
Then overtime @ Standard + Premium

jewels.p

Well I mean how do you lay it out. For example in the answers for Dec 08 it lists it as:

Prod Req
Units/hr
Req hrs
No.of Employees
Available hrs
Hrs at Bas Rate
Overtime hrs
Cost of Bas Rate
Cost of Overtime hrs
Total cost

Is this the way all labour budgets should be laid out in an exam or does it depend on info given? I never know how to approach these budgets