Accounting JAMB

What is the amount of rent that should be allocated to Y?

A company has departments X, Y and Z. Department X occupies a space of Y while Z occupies half the space of Y. If the company pays N70 000 on rent, what is the amount of rent that should be allocated to Y?

A. N30 000
B. N40 000
C. N20 000
D. N10 000

Correct Answer:

Option C – N20 000

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