Use the following information to answer the given questio...
Use the following information to answer the given question
Opening stock- Footwears DepartmentN800- Stationary DepartmentN600Purchases- Footwears DepartmentN1,600- Stationary DepartmentN2,800Wages of shoe packersN600−SalariesN1,200-FootwaresN4,000Sales- stationeryN6,000
Additional Information (i) No closing stock
(ii) Common expenses are to be shared in the ratio sales.
The profit of the Stationery Department is
N1,880
N1,600
N880
N520
N280
Correct answer is A
No explanation has been provided for this answer.
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