Idle time and its effects
Describe briefly the term idle time and also write down its effects?
Expert
Idle time points to that time for which wages are paid to the workers however no production is attained throughout that time. The effects of idle time are illustrated below: - Because of machine stop working - Power letdowns - Waiting for trainings - Waiting for raw materials or tools to start the manufacture - Economic Causes consists of: Cyclical or industrial nature, Seasonal. - Managerial decisions are as well a big effect of idle time.
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just 500 to 800 word case study for Accounting Theory & Contemporary Issues.
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