Post Utme Aaua 2023 Accounting Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 14 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the total cost of goods available for sale is ₦1,000,000, the total cost of goods sold is ₦800,000, and the total cost of beginning inventory is ₦200,000, what is the cost of ending inventory?

Answer Options

A. ₦150,000
B. ₦200,000
C. ₦250,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Aaua 2023 Accounting Question 14. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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