In the construction industry overheads are calculated as a budget for the project and are allocated to periods on the basis of expected total project value for the period or expected total direct labour cost for the period.
index of labour cost per unit of output
Cost estimator is that will have the ability to prepare estimates of material costs and labour costs for the manufacture of hydro-turbines and generator with highly engineering technical background, Working independently and cooperating with all other departments in the company.
The virtuous circle of low labour costs, foreign investment and export-led growth is outdated too.
Outside warranty conditions normal parts and labour costs will be charged.