Post Utme Aaua 2017 Accounting Question 11
Practice objective / multiple choice question 11 from the 2017 Post Utme Aaua Accounting examination.
A company uses the weighted average method to value its inventory. The company has three types of inventory: A, B, and C. The cost of inventory A is ₦150,000, and it has a weightage of 30%. The cost of inventory B is ₦200,000, and it has a weightage of 40%. The cost of inventory C is ₦100,000, and it has a weightage of 30%. What is the total cost of the inventory?
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About This Question
This is Post Utme Aaua 2017 Accounting Question 11. It is one of the objective questions from the 2017 Post Utme Aaua Accounting examination.
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