On 01-04-2023 number of workers employed in a factory was 150. During the year 30 workers resigned and 5 workers were discharged. Due to resignation…

CA Intermediate · Cost and Management Accounting · PYQS · September 2024
On 01-04-2023 number of workers employed in a factory was 150. During the year 30 workers resigned and 5 workers were discharged. Due to resignation and discharge, 15 workers were replaced. For the year 2023-24, labour turnover rate by separation method will be :
(A) 21.43%
(B) 18%
(C) 25%
(D) 30%

Suggested Answer and Working Notes:

Correct Answer: Option (C)

25%

Topics: Employee Cost & Direct Expenses

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