Examveda
Examveda

Number of methods available for calculation of Labour turnover is ________.

A. two

B. three

C. four

D. five

Answer: Option B

Solution(By Examveda Team)

Separation Method
Labour Turnover = No. of workers left or separated during a period / Average number of workers on role during that period x 100
Replacement Method
Labour Turnover = No. of workers replaced during a period / Average number of workers on role during that period x 100
Flux Method
Labour Turnover = (No.of workers separated in a period + No. of workers replaced in the same period) / Average number of workers on role during that period x 100

Note : Average No.of. Workers = (No. of workers at the beginning of the period + No. of workers at the end of the period) / 2

This Question Belongs to Commerce >> Costing

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Comments ( 1 )

  1. Varun Das
    Varun Das :
    6 years ago

    how

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