The extracts from the payroll of a factory is a follows:Number of Employees at the...
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Accounting
The extracts from the payroll of a factory is a follows:Number of Employees at the beginning of April 2020 is 250 ; Number of Employees at the end of April 2020 is 550 ; Number of Employees replaced due to resignations and discharges is 40.What would be the labour turnover rate for the factory under Replacement method?
a.
None of these.
b.
10%
c.
12.5%
d.
15%
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