Relevant data regarding number of workers on roll is given below for June, 2016: At the beginning of the month 750 At the end of the month 850 During June, 2016, 10 workers left, 30 workers were discharged and 100 worker
CS Executive · Cost and Management Accounting · PYQS · December 2016
Relevant data regarding number of workers on roll is given below for June, 2016: At the beginning of the month 750 At the end of the month 850 During June, 2016, 10 workers left, 30 workers were discharged and 100 workers were recruited. Of these, 15 workers were recruited in the vacancies of those leaving, while the rest were engaged for an expansion scheme. The labour turnover rate according to replacement method for June, 2016 is —
Answer & Explanation:
The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the option was found to be correct. The correct answer is 1.875%.
Topics: Cost Accounting
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