Post Utme Abu 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Abu Accounting examination.

Post Utme Abu 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_ABU • 2025 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to calculate its inventory cost. The company has three types of inventory: raw materials, work-in-progress, and finished goods. The following information is available: Raw Materials ₦100,000, Work-in-Progress ₦150,000, Finished Goods ₦200,000. What is the total value of the company's inventory?

Answer Options

A. ₦450,000
B. ₦550,000
Correct Answer C. ₦450,000
D. ₦550,000
Correct Answer
C
Correct Option:
₦450,000

About This Question

This is Post Utme Abu 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Abu Accounting examination.

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