Post Utme Aaua 2020 Accounting Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Aaua Accounting examination.

Post Utme Aaua 2020 Accounting Objective / Multiple Choice
Question 13 POST_UTME_AAUA • 2020 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: 100 units of Item A at ₦20 each, 200 units of Item B at ₦30 each, and 300 units of Item C at ₦40 each. What is the average cost per unit?

Answer Options

A. ₦25
Correct Answer B. ₦30
C. ₦35
D. ₦40
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Aaua 2020 Accounting Question 13. It is one of the objective questions from the 2020 Post Utme Aaua Accounting examination.

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