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on
Jul 24, 2020, 6:28:07 PM
Created by
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Jul 31, 2015, 9:33:48 PM
Budgeted Hourly Payroll=Budgeted Payroll-Salaries and Fixed WagesBudgeted Hourly Payroll=Budgeted Payroll−Salaries and Fixed Wages
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The Budgeted Payroll is the sum total of all compensation that a business must pay to its employees based on an hourly rate.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Payroll Definition | Investopedia." Investopedia. N.p., 11 June 2010. Web. 08 Aug. 2015.
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