What Is The Net Profit (or Loss) Contributed By Department T

Use the information below to answer the question.
Phebe Enterprises has two departments S and T, with the following information

₦

Opening stock ————5,000

Purchases —————–26,000

Closing stock ————- 7,000

Sales ———————— 45,000

₦

1,500

3,000

2,500

4,000

The following expenses are to be shared in the ratio of 4:1
Rent ₦ 8,300
General expenses ₦3,200

A. ₦2000
B. ₦300
C. (₦2000)
D. (₦300)

Correct Answer:

Option D = (₦300)

What is the net profit (or loss) contributed by department T