Home » Past Questions » Accounts » Given:A joint cost of ₦72 million incurred by the two departments was apportione...

Given:A joint cost of ₦72 million incurred by the two departments was apportione...


AccountsJAMB UTME

Question

Given:

Dept ADept B
Floor space40m260m2
Machine hours12001400
Turnover₦36 million₦64 million
Labour hours10001400

A joint cost of ₦72 million incurred by the two departments was apportioned ₦30 million to A and ₦42 million to B. The basis used for apportionment must have been

Options

A)
labour hours
B)
floor space
C)
turnover
D)
machine hours

The correct answer is A.


More Past Questions:


Discussion