Saheb Academy's video: 7 Labour Costing - Idle Time - Normal vs Abnormal - ICAI Illustration 1 - By Saheb Academy

Here i have explained the concept of Idle Time and Effective Hourly Rate with conceptual example with normal idle time and abnormal idle time. I have also solved first problem of normal Idle time where we have to calculate effective hourly cost. (Effective Hourly Rate) This is Illustration 1 of the ICAI Study Material. ( X Employee and ABC Co. ) ⏱TIMESTAMPS 00:00 - Idle Time Concept 05:22 - Normal Idle Time 08:29 - Effective Rate Per Hour with Example 20:14 - Abnormal Idle Time with Example 28:38 - Problem 1 - ICAI Illustration 1 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. Clear your doubts by direct messaging us on Instagram https://www.instagram.com/sahebacademy/ Please Like, Subscribe and Share this video on your social media account.