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?
- N37,500
- N62,500
- N87,500
-
N100,000
The correct answer is: D
Explanation
X portion = 2 + 1 = 3
\(\frac{2}{3}\) x 150,000 = 100,000