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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%

Answer & Explanation Solved by verified expert
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