Post Utme Abu 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Abu Accounting examination.

Post Utme Abu 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_ABU • 2024 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the cost of the items is ₦100,000, the number of units is 500, and the total value of the items is ₦120,000, what is the cost per unit?

Answer Options

A. ₦200
B. ₦220
Correct Answer C. ₦240
D. ₦260
Correct Answer
C
Correct Option:
₦240

About This Question

This is Post Utme Abu 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Abu Accounting examination.

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