Post Utme Aaua 2019 Accounting Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Aaua Accounting examination.

Post Utme Aaua 2019 Accounting Objective / Multiple Choice
Question 24 POST_UTME_AAUA • 2019 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the company has three types of inventory with the following quantities and costs: Type A (100 units, ₦50 per unit), Type B (200 units, ₦75 per unit), and Type C (300 units, ₦25 per unit), what is the total value of the inventory?

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Aaua 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Aaua Accounting examination.

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