No. of workers on the payroll: At the beginning of the month: 600 At the end of the month : 700 During the month, 5 workers left, 20 workers were discharged and 75 workers were recruited. Of these, 10 workers were recrui
CS Executive · Cost and Management Accounting · PYQS · June 2015
No. of workers on the payroll: At the beginning of the month: 600 At the end of the month : 700 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 while the rest were engaged for an expansion scheme. The labour turnover rate according to replacement method will be —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Labour Costing
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