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  job costing    
 
MAXICOSTING
detailed labour costing system
       
       
 
Similar to MAXITIME in the way it calculates hours worked, overtime, etc., MAXICOSTING records in addition what the employees were actually doing and allocates the time at a more detailed level to the tasks, sections, activities, etc. that were worked on during each day.
Primary functions
•  records all tasks performed by individuals i.e. task start/end times, task details e.g. job number, activity, location, quantity/weight produced, etc.
•  allocates time worked, including the different time categories i.e. normal time, overtime, etc. ( balancing out overtime, if necessary) to the tasks that were worked on during the day
•  provides detailed costing reports – by task, activity, employee, section, etc.
   
Benefits
•  Accurate measurement of job profitability
•  Monitoring of actual versus projected costs
•  Employee productivity comparisons
•  Historical labour costs by employee or job