Problem 1: A construction company has/ had the following record during a year. The company has 76 full-time employees. Calculate Incidence rate. Description Minor injury Major injury 3 Fatal death 1 Days away from work 5 Incidence rate = number of cases or days per year x 200,000/total employee hours per year

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 18MC: Employees at Rayon Enterprises earn one day a month of vacation compensation (twelve days total each...
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Problem 1: A construction company has/ had the following record during a year. The company has 76
full-time employees. Calculate Incidence rate.
Description
Minor injury
Major injury
2
3
Fatal death
1
Days away from work
Incidence rate = number of cases or days per year x 200,000/total employee hours per year
Transcribed Image Text:Problem 1: A construction company has/ had the following record during a year. The company has 76 full-time employees. Calculate Incidence rate. Description Minor injury Major injury 2 3 Fatal death 1 Days away from work Incidence rate = number of cases or days per year x 200,000/total employee hours per year
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