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Hi, please can you help me with the answers to questions below:
1. at the beginning of the year company had 1600 employees, 860 employees left during the year and 260 was replaced. the labour turnover rate for last year was?
a.16.25%
b.20%
c.10%
d.?2. employe works 35 hrs a week and is paid £10 an hour if any overtime is worked employee is paid £15 an hour. employee worked 42 hours and 3 hours were worked because of machine breakdown.
calculate indirect cost for that week:
a.30
b.35
c.105
d.651.
At the end of the year there were 1000 employees (1600 – 860 + 260).
So the average number of employees was (1600 + 1000)/2 = 1300
The number replaced was 260.
So the turnover rate was 260 / 1300 = 20%2.
The extra $5 per hour for overtime is indirect cost (and there are 7 hours of overtime)
The hours worked because of machine breakdown are indirect and charged at $10 per hour
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