The cost of goods for department B is

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
  • D.
    2800
Correct Answer: Option D
Explanation

Cost of goods sold for departmental B
opening stock + purchases – closing stock
800 + 2000
⇒ **2,800

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