In the name of ALLAH, the most beneficient, the most merciful

Cost & Management Accounting (MGT402)

Question (select most suitable option)

  Which of the following is CORRECT to compute labor turnover rate by using Replacement method?
Number of workers replaced during the period ÷ Average number of workers during the period
Number of workers replaced during the period + Average number of workers during the period
Number of workers replaced during the period × Average number of workers during the period
Number of workers replaced during the period − Average number of workers during the period