A company had 30 direct production employees at the beginning of last year and 20 direct production employees at the end of the year. During the year, a total of 15 direct production employees had left the company to work for a local competitor. What is the labour turnover rate for last year? A 16.7% B 20.0% C 25.0% D 60.0%
A company had 30 direct production employees at the beginning of last year and 20 direct production employees at the end of the year. During the year, a total of 15 direct production employees had left the company to work for a local competitor. What is the labour turnover rate for last year? A 16.7% B 20.0% C 25.0% D 60.0%
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 3EB: A company estimated 50,000 direct labor hours and $450,000 in overhead. The actual overhead was...
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A company had 30 direct production employees at the beginning of last year and 20 direct production
employees at the end of the year. During the year, a total of 15 direct production employees had left the
company to work for a local competitor. What is the labour turnover rate for last year?
A 16.7%
B 20.0%
C 25.0%
D 60.0%
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