Post Utme Abu 2020 Accounting Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Abu Accounting examination.

Post Utme Abu 2020 Accounting Objective / Multiple Choice
Question 12 POST_UTME_ABU • 2020 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the company has three items in its inventory, with costs of ₦100, ₦200, and ₦300, and the weights are 20%, 40%, and 40%, respectively, what is the weighted average cost per unit?

Answer Options

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

About This Question

This is Post Utme Abu 2020 Accounting Question 12. It is one of the objective questions from the 2020 Post Utme Abu Accounting examination.

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