Use the information below were to answer questions ...................Stationary Dept.............Video Dept. Sales ..............₦10,600......................

Question 1 Report

Use the information below were to answer questions

...................Stationary Dept.............Video Dept.

Sales ..............₦10,600.....................₦15,175

Cost of goods sold..₦5,247......................₦6704

The expenses incurred were rent ₦4500, motor repairs ₦1200 and telephone ₦900.

The basis of cost apportionment is 1/2 stationary 1/3 video.

Determine the net profit of the business?

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