Manufacturing
Night Shift Premium (Labor Cost)
Recording the extra wages paid to workers on the 2nd or 3rd shift.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Work-in-Process (WIP) | Asset (+) | 200.00 | - |
| Wages Payable | Liability (+) | - | 200.00 |
💡 Accountant's Note
Overtime and shift premiums paid to direct laborers are part of the 'Direct Labor' component of product cost.
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