Some Issues in the Determination of Ring Frame-Tenters’ Wage Cost Per Kg of Yarn

Authors

  • S. Srinivasan Regional Director, M/s.Pursuitex LLP, Chennai

DOI:

https://doi.org/10.33516/maj.v55i12.88-94p

Keywords:

No Keywords.

Abstract

The correct Ring Frame(RF)-tenters’ wage costs for different yarn counts, are arrived at, only when the respective RF- tenter-allocation, the allotted RF- utilisation % and the respective wages are taken into consideration in the calculation. The average wage per spindle-shift, when applied to find the wages/Kg of different yarn counts, will be much different from the actual wages per Kg of yarn. An estimate of RF-tenter-wage ratio when applied to find the RF-tenter wage cost/Kg of yarn, the error is very much reduced, but the estimate should be based at least on a few month’s actual figs in the financial year. include the disputes referred by the Medium Enterprises too. Therefore, the Councils can be said to be the heart of the Act as the mechanism devised helps the MSEs to recover their dues expeditiously.â€

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Published

2020-12-31

How to Cite

Srinivasan, S. (2020). Some Issues in the Determination of Ring Frame-Tenters’ Wage Cost Per Kg of Yarn. The Management Accountant Journal, 55(12), 88–94. https://doi.org/10.33516/maj.v55i12.88-94p

Issue

Section

Cost Accounting

References

SITRA norms - 2010.