Use the information above to answer questions Lighting..................₦2925 Rent......................₦2640 Salary....................₦4050 The expenses a...
Question 1 Report
Use the information above to answer questions
Lighting..................₦2925
Rent......................₦2640
Salary....................₦4050
The expenses are for three different product:
Zema, Zeta and Zera. They are appointed on the basis of population. 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?
Answer Details
To calculate the salary charged to the Zera product, we need to first find the proportion of the total production that is allocated to Zera.
Total production = 4500 units
Production allocated to Zema = 1260 units
Production allocated to Zeta = 2060 units
Production allocated to Zera = Total production - Production allocated to Zema - Production allocated to Zeta
Production allocated to Zera = 4500 - 1260 - 2060
Production allocated to Zera = 1180 units
Now, we need to allocate the total salary expenses to the three products based on their production proportion.
Total salary expenses = ₦4050
Proportion of salary expenses for Zema = (1260/4500) x ₦4050 = ₦1134
Proportion of salary expenses for Zeta = (2060/4500) x ₦4050 = ₦1860
Proportion of salary expenses for Zera = (1180/4500) x ₦4050 = ₦1056
Therefore, the salary charged to the Zera product is ₦1056.
Hence, option (C) is the correct answer.
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