In this video I have explained 3 methods of Calculating Labour Turnover Rate and I have also solved a problem with all the methods :
1. Separation Method
2. Replacement Method
3. Flux Method

I have also shown how to calculate Equivalent Annual Rate.

After watching this video you will be easily able to calculate Labour Turnover Rate by all the methods.

Next Video : #2 Labour Costing - Methods of Remuneration
https://youtu.be/0IzbMhLAakk

This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.

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