The formula of calculating labour turnover according to Flux Method ........

Costing - Phase (I & II) Basics of Cost Control and Analysis

The formula of calculating labour turnover according to Flux Method:

Number of workers separated during the period/Average number of workers x 100

Number of workers replaced during the period/Average number of workers x 100

Number of workers separated (+) replacement during the period/Average number of workers x 100

None of the above

The formula of calculating labour turnover according to Flux Method:

Number of workers separated (+) replacement during the period/Average number of workers x 100

Where,

Separated means workers left and discharged

Replacement means workers recruited in place of old workers

Average number of workers=

Number of workers in the beginning of the period + Number of workers in the end of the period/2

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