The Importance of Recording Labor time accurately:-

It is important to record labor time accurately for the following reasons:

• To compute wages

• To analyze the time spent for costing purposes and

• For planning and control purposes

The Methods to record labor times

• Time sheets record the worker’s time spent on each job. The time sheets are completed and sent to the cost department daily or weekly.

• Job Cards record the worker’s time spent on a particular job.

• Job Tickets  a card is made out for each operation within a single job.