Explanation of Adjustment for Wages:

Adjustment for wages is made for various reasons, such as bonuses and overtime pay. In this case, the adjustment is made for the amount of ₹10000, which was paid for the fixation of machinery. The adjustment is made to reflect the true cost of wages paid by the company.

Reasons for Adjustment:

There are several reasons for making an adjustment for wages:

1. Overtime pay: If an employee works more than their regular hours, they are entitled to overtime pay. This is an adjustment that needs to be made to reflect the true cost of the employee's wages.

2. Bonuses: Employers may offer bonuses to their employees as a reward for their hard work. These bonuses need to be adjusted for in the wages as they are not a regular occurrence.

3. Fixed costs: In some cases, a company may pay a fixed amount for a specific task, such as the fixation of machinery. This amount needs to be adjusted for in the wages to reflect the true cost.

Explanation of ₹10000 paid for Fixation of Machinery:

The amount of ₹10000 paid for the fixation of machinery is a fixed cost that needs to be adjusted for in the wages. This amount was not paid as a regular wage to an employee, but rather as a one-time payment for a specific task. Therefore, it needs to be adjusted for to reflect the true cost of wages.

Conclusion:

Adjustment for wages is a necessary process to ensure that the true cost of wages is reflected in a company's financial statements. In this case, the adjustment is made for the amount of ₹10000, which was paid for the fixation of machinery. This adjustment is necessary to reflect the true cost of wages paid by the company.

It is fixed cost include in total cost of machinery