JAMB Principles of Accounts 2007 Question 20

Question 20

Departmental Accounts

Lighting ₦2 925
Rent ₦2 640
Salary ₦4 050
The expenses are for three different products: Zema, Zeta and Zera. They are apportioned on the basis of production. 4500 units of the products are produced, out of which 1260 and 2060 units are for Zema and Zeta respectively.
Find the salary charged to Zera product.

  1. A.₦1 854
  2. B.₦1 845
  3. C.₦1 062
  4. D.₦1 134.
Show the answer and explanation

Answer: C (₦1 062)

Explanation

Zera units = 4 500 − 1 260 − 2 060 = 1 180. Salary = 4 050 × 1 180/4 500 = ₦1 062.