16. Labour turnover rate for the first quarter ending was 25% under replacement method; number of workers replaced during first quarter was 250. Find out the average number of workers on roll in the first quarter.
CS Executive · Cost and Management Accounting · PYQS · June 2021
16. Labour turnover rate for the first quarter ending was 25% under replacement method; number of workers replaced during first quarter was 250. Find out the average number of workers on roll in the first quarter.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Labour Cost
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