JAMB Accounting 2009 Objective — Question 35

Question 35 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2009 Objective paper, with the correct answer and a full explanation.

35. Depreciation of #1,800 is apportioned among departments P, Q and R in the ratio 3:5:7. Selling expenses P=#1,100, Admin exp P=#1,400. Determine the total expenses of department P.

A. #9,760
B. #9,400
C. #2,860Correct
D. #2,500

Explanation

Depreciation allotted to P = 3/15 x 1,800 = #360. Total P's expenses = Selling 1,100 + Admin 1,400 + Depreciation 360 = #2,860.

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