2021年acca f2《accounting for labor》常考知识点

acca f2考试考什么呢？小编给大家整理了关于f2科目的常考知识点。快来看一看吧！

1. Labor activity

Efficiency ratio= expected hours to make output/Actual hours taken

Capacity ratio= actual hours worked/Hours budgeted

Production volume ratio=expected hours to make output/Hours budgeted

2.Direct labor cost and indirect labor cost

3. Labor turnover

Labor turnover rate=

Preventative costs

These are costs incurred in order to prevent employees leaving and they include the following.

Cost of personnel administration incurred in maintaining good relationships

Cost of medical services including check-ups,nursing staff and so on

Cost of welfare services, including sports facilities and canteen meals

Pension schemes providing security to employees

Replacement costs

These are the costs incurred as a result of hiring new employees.and they include the following.

Cost of selection and placement

Inefficiency of new labor;productivity will be lower

Costs of training

Loss of output due to delay in new labor becoming available

Increased wastage and spoilage due to lack of expertise among new staff

The possibility of more frequent accidents at work

Cost of tool and machine break