Post Utme Achievers University 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ACCOUNTING • objective
Post Utme Achievers University 2017 Accounting Question 33 diagram

A company uses the weighted average method to value its inventory. The company's inventory consists of the following items:

Answer Options

Correct Answer A. Item A: ₦10,000, Item B: ₦20,000, Item C: ₦30,000
B. Item A: ₦20,000, Item B: ₦10,000, Item C: ₦30,000
C. Item A: ₦30,000, Item B: ₦20,000, Item C: ₦10,000
D. Item A: ₦30,000, Item B: ₦10,000, Item C: ₦20,000
Correct Answer
A
Correct Option:
Item A: ₦10,000, Item B: ₦20,000, Item C: ₦30,000

About This Question

This is Post Utme Achievers University 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Achievers University Accounting examination.

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