X and Y are two departments that are to share 50% of all joint costs equally and the balance in ratio 2:1. If a sum of N150,000 is incurred jointly, what will be the portion attributable to X?
A. N37,500
B. N62,500
C. N87,500
D. N100,000
Correct Answer:
Option B – N62,500
Explanatory Notes on Settlement Patterns
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Settlement: Definition and Locational Factors
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