JAMB Accounting 2008 Objective — Question 28
Question 28 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2008 Objective paper, with the correct answer and a full explanation.
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The floor space occupied by manufacturing and administration department in a company is 200 and 300 sqm respectively. #20 000 rent incurred is shared using floor space occupied. How much is the rent chargeable to manufacturing?
- A. 8,000Correct
- B. 10 000
- C. 12 000
- D. 18 000
Explanation
Manufacturing share = (200/500) x N20,000 = N8,000.
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