How much selling and distribution expenses is apportioned...
How much selling and distribution expenses is apportioned to department M?
N800
N600
N400
N1800
Correct answer is A
Department difference M has a turnover of 89,000. That is 29,000 higher than department L and 49,000 higher than department K, This means department M has the highest selling and distribution cost because they sold the most. Hence the 1800 would be divided amongst the three departments in the ratio of their turnover
Department K = 400
L = 600
M = 800
total = 1800
The parties who are paid last in the event of winding-up are ...
Given: Opening cash balance N20,000 Sales of match tickets N15,000 Clearing of pitch N1,200 Refr...
Which of the following is accounted for in receipts and payments account? ...
The budget statement presented to the legislature by the Chief Executive is called? ...
\(\begin{array}{c|c} & \text{1st Jan.} & \text{31st Dec.} \\ & ₦ & ₦ \\ creditor...
Which of the following is not a revenue account? ...
Given: Determine the balance ...
Discounts allowed is charged to ...
Which of the following is the memory part that is available for use by the computer user? ...