A company has departments M and N. The expenses incurred wholly in M is N5000....

FINANCIAL
JAMB 2003

A company has departments M and N. The expenses incurred wholly in M is N5000. General expenses incurred amount to N25000. Expenses are apportioned in the ratio 2:3 for departments M and N respectively. What is N's share of the expense?

  • A. N10 000
  • B. N15 000
  • C. N18 000
  • D. N20 000

Correct Answer: B. N15 000



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