JAMB Accounting 2010 Objective — Question 33
Question 33 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2010 Objective paper, with the correct answer and a full explanation.
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Use the information below to answer questions 33 and 34 Abingo Limited has three departments K, L, and M. (i) Rent for the year 3,000 (ii) Selling and distribution expenses 1,800. Department/Turnover/Floor space in square meters: K 40,000/120; L 60,000/80; M 80,000/100. 33. How much rent is apportioned to department K? A. 1,200 B. 1,800 C. 2,000 D. 750
- A. 1,200Correct
- B. 1,800
- C. 2,000
- D. 750
Explanation
Rent of K = [120/(120+80+100)] x N3,000 = N1,200.
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