Cost and Management AccountingQuestion 5475 of 251
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14. 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 :

Options

A21.43%
B18%
C25%
D30%
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Correct Answer

Option A21.43%

All Options:

  • A21.43%
  • B18%
  • C25%
  • D30%

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Detailed Solution & Explanation

The labour turnover rate under the Separation Method is calculated as:
Labour Turnover Rate=Number of SeparationsAverage Number of Workers×100%\text{Labour Turnover Rate} = \frac{\text{Number of Separations}}{\text{Average Number of Workers}} \times 100\%
Applying the given factory employment data, the labour turnover rate is 21.43%.
Hence, **Option A** is the correct answer.

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