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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