Accounts - Principles of Accounts Past Questions and Answers

In a departmental account, where no basis of apportionment exist, apportionment is

In a departmental account, the expenses to be apportioned on the basis of turnover is

If goods are sent to to branch at 25% on cost, what will be the cost of goods sent to the branch at a selling price of #100,000?

Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch
What is the cost price of the goods sent to the branch

Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch
Determine the profit on the goods sent to the branch at profit margin of 25% mark-up