Question on: JAMB Accounting - 2021


Use the information below to answer the question



Gross profit b/d
Less: Salaries and wages
          Electricity
          Depreciation
          Net profit c/d
 

Dept A
   ₦
6,000
1,800
   ?
  600
?
6,000

Dept B
   ₦
4,000
1,200
   ?
   ?
1,600
4,000

Total
    ₦
10,000 
  3,000
  2,000
  1,000
  4,000
10,000

It is the tradition of the organization to apportion expenses in the proportion 60%:40% for A and B respectively.

The depreciation to be charged to department B is

A
₦500
B
₦300
C
₦400
D
₦600
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Correct Option: C

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