From the following information calculate Labour turnover rate: No. of workers as on 01.01.2000 = 7,600 No.

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From the following information calculate Labour turnover rate:

No. of workers as on 01.01.2000 = 7,600

No. of workers as on 31.12.2000 = 8,400

During the year, 80 workers left while 320 workers were discharged. 1,500 workers were recruited during the year of these, 300 workers were recruited because of exits and the rest were recruited in accordance with expansion plans.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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