good question
In the 1950s, the average weekly wage for American workers varied depending on the year and industry but generally ranged from about $50 to $100. By the end of the decade, the average weekly earnings for manufacturing workers were approximately $85. This period was marked by post-war economic growth, which contributed to rising wages and increased living standards for many families.
We used to have jobs in manufacturing here, but most of the industry has moved to regions that have lower wages for workers.
that is the order of manufacturing account Direct materials + Direct wages + Direct expenses (like loyalty fees) = prime cost Production overheads = indirect wages, depreciation Non Production overheads = like Work in progress
If wages are paid of those workers which directly related with the manufacturing or units then wages are part of prime cost otherwise it is part of conversion cost.
The influx of immigrant worker affected the American manufacturing because of economic issues. Many of the immigrant workers were willing to work for small wages for other sectors that competed with manufacturing companies.
Salaries and wages of workers directly involve in goods manufacturing is direct labor cost.
Direct labor cost is the salaries and wages of all workers directly involved in manufacturing of goods.
most russians were factory workers who earned low wages in manufacturing
Here is some weekly wages (the averages) that I have found while researching this very same question: Manufacturing-Production Worker $16.89 Cook $15 Doctor $61.11 Accountant $45 Hope this helps. http://www.paper-dragon.com/1939/priceguide.html here is a link to a website that has a lot of stuff price and wage wise.
In the years 1860 and 1890 the average workers wage was 50% of the manufacturing. It so 60% for building trades workers.
Gerhard Bry has written: 'Wages and productivity in manufacturing by industry and State' 'A monthly index of manufacturing production in New Jersey' -- subject(s): Manufactures, Manufacturing industries
Lower production costs help lure foreign