Produced units x times taken to produce one unit348000x5/60=29000h required29000h-26240=2760h will be overtime
Hello, Dear professionals, could you advise, please? A Company received an Invoice form Insurer and separate Credit Agreement from third party to pay for insurance. Third party company has settled the Invoice with Insurer and the Company pays to Third party company as per Credit Agreement on monthly basis.How this should be treated in accounts, please? Could you help, please? Thank you in advance.