Calculate the labour turnover rate according to Separation method from the following: No. of workers on the payroll : At the beginning of month : 500 At the end of the month : 600 During the month, 5 workers left, 20 wor
CS Executive · Cost and Management Accounting · PYQS · December 2019
Calculate the labour turnover rate according to Separation method from the following: No. of workers on the payroll : At the beginning of month : 500 At the end of the month : 600 During the month, 5 workers left, 20 workers were discharged and 75 workers were recruited. Of these, 10 workers were recruited in the vacancies of those leaving and while the rest were engaged for an expansion scheme.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Labour Costing
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