The management of Hindusthan Zinc Ltd. are worried about their increasing labour turnover in the factory and before analyzing the causes and taking remedial steps, they want to have an idea of the profit foregone as a result of labour turnover in the last year. Last year, sales amounted to 383,03,300 and P/V ratio was 20 per cent. The total number of actual hours worked by the Direct Labour force was 4.45 Lakhs. As a result of the delays by the Personnel Department in filling up vacancies due to labour turnover, 1,00,000 potentially productive hours were lost. The actual direct labour hours included 30,000 hours attributable to training new recruits, out of which half of the hours were unproductive. The costs incurred consequent on labour turnover, revealed on analysis, the following: Settlement cost due to leaving 43,820 Recruitment costs 26,740 Selection costs 12,750 30,490 Training costs Assuming that the potential production lost as a consequence of labour turnover could have been sold at prevailing prices. Find the profit foregone last year on account of labour turnover