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ACCOUNTING

JAMB 2001 - Question 44

Account 2001 JAMB Past Questions - Question 44: X and Y are two departments that are to share 50% of all joint costs equally and the balance in the ratio 2:1. If a sum of N150,000 is incurred jointly, what will be the portion attributable to X?

Choose the most appropriate option for the gap .

X and Y are two departments that are to share 50% of all joint costs equally and the balance in the ratio 2:1. If a sum of N150,000 is incurred jointly, what will be the portion attributable to X?

A: #37,500

B: #62,500

C: #87,500

D: #100,000.

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ACCOUNTING

Account 2001 JAMB Past Questions - Question 44: X and Y are two departments that are to share 50% of all joint costs equally and the balance in the ratio 2:1. If a sum of N150,000 is incurred jointly, what will be the portion attributable to X?

Examkit's JAMB CBT App

Correct Answer

Explanation