Post Utme Babcock University 2022 Accounting Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2022 Accounting Objective / Multiple Choice
Question 4 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the weighted average method of inventory valuation. If the cost of the current year's inventory is ₦100,000 and the cost of the previous year's inventory is ₦80,000, what is the weighted average cost per unit if the current year's inventory is 500 units and the previous year's inventory is 300 units?

Answer Options

A. ₦120
Correct Answer B. ₦130
C. ₦140
D. ₦150
Correct Answer
B
Correct Option:
₦130

About This Question

This is Post Utme Babcock University 2022 Accounting Question 4. It is one of the objective questions from the 2022 Post Utme Babcock University Accounting examination.

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