Use the question to answer this question:
Opening stock | ₦ |
Department A B | 100 800 |
Purchases: A B Wages of workers Salaries | 1500 2000 50 100 |
Sales A B | 3000 5000 |
Expenses are to be shared in the ratio of sales.
The cost of goods for department B is
A
4,120
B
3400
C
3000
D2800
Answer is D
Amount of goods sold for department B
opening stock + purchases – closing stock
800 + 2000
= 2,800