The cost accountant of Akash Ltd. has computed labour turnover rates for the quarter ended 31st March, 2014 as 20%, 10% and 6% respectively under 'flux method', 'replacement method' and 'separation method'. If the number
CS Executive · Cost and Management Accounting · PYQS · December 2014
The cost accountant of Akash Ltd. has computed labour turnover rates for the quarter ended 31st March, 2014 as 20%, 10% and 6% respectively under 'flux method', 'replacement method' and 'separation method'. If the number of workers replaced during that quarter is 80, find the number of workers who left and discharged —
Answer & Explanation:
Correct Answer: Option (A)
Correct answer: (A) 48. Average workforce = 80/10% = 800; separations = 800×6% = 48.
Topics: Labour Costing
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