Henik Plc has departments A and B and has made the following information available concerning its operations; \(\begin{array}{c|c} & \text{Departmental A} &...
Question 1 Report
Henik Plc has departments A and B and has made the following information available concerning its operations;
\(\begin{array}{c|c} & \text{Departmental A} & \text{Departmental B} \\ \hline \text{Turn over} & ₦100,00 & ₦80,000\\ \text{Commission} & ₦3,600 & & \\ \text{Rent} & ₦6,000 & & \\ \text{Flor space} & & 200m^2 & 100m^2 \end{array}\)
How much commission was apportioned to Department a?
\(\begin{array}{c|c} & \text{Departmental A} & \text{Departmental B} \\ \hline \text{Turn over} & ₦100,00 & ₦80,000\\ \text{Commission} & ₦3,600 & & \\ \text{Rent} & ₦6,000 & & \\ \text{Flor space} & & 200m^2 & 100m^2 \end{array}\)
How much commission was apportioned to Department a?
Answer Details
To determine the commission apportioned to Department A, we need to calculate the ratio of turnover between Department A and the total turnover of the company.
Total Turnover = Turnover of Department A + Turnover of Department B
Total Turnover = ₦100,000 + ₦80,000 = ₦180,000
Ratio of Turnover for Department A = Turnover of Department A / Total Turnover
Ratio of Turnover for Department A = ₦100,000 / ₦180,000 = 5/9
Commission apportioned to Department A = Ratio of Turnover for Department A * Total Commission
Commission apportioned to Department A = (5/9) * ₦3,600 = ₦2,000
Therefore, the commission apportioned to Department A is ₦2,000.
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