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Question1

Question text

In terms of the Basic Conditions of Employment Act, all employees are entitled to 31 consecutive (calendar) days paid leave per year.

True

False

Question2

Question text

The remuneration of a factory supervisor in a manufacturing plant would be classified as cost of indirect labour.

True

False

Question3

Question text

Budgeted capacity is the anticipated use of available capacity based on planned production levels.

True

False

Question4

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The labour recovery rate is determined by dividing the total budgeted labour cost by the total budgeted productive hours per employee for the year.

True

False

Question5

Question text

The overtime premium is always considered as an indirect labour cost.

True

False

Question6

Question text

Indirect labour costs are charged to the work-in-progress account.

True

False