Post Utme Achievers University 2023 Accounting Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2023 Accounting Objective / Multiple Choice
Question 35 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company uses the weighted average method of inventory valuation. The cost of the inventory is ₦100,000, and the number of units is 100. The company sells 50 units at ₦200 per unit. What is the cost of goods sold?

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Achievers University 2023 Accounting Question 35. It is one of the objective questions from the 2023 Post Utme Achievers University Accounting examination.

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