Question 9 XYZ Ltd. wants to ascertain the profit lost during the year 2013-14 due to increased labour turnover. For this purpose, they have given you the following information: (1) Training period of the new recruits is 50,000 hours. During this period their productivity is 60% of the experienced workers. Time required by an experienced worker is 10 hours per unit. (2) 20% of the output during training period was defective. Cost of rectification of a defective unit was 25. (3) Potential productive hours lost due to delay in recruitment were 1,00,000 hours. (4) Selling price per unit is * 180 and PN ratio is 20%. (5) Settlement cost of the workers leaving the organization was * 1,83,480. (6) Recruitment cost was 1,56,340 (7) Training cost was 1,13,1.80. You are required to calculate the profit lost by the company due to increased labour turnover during the year 2013-14