Post Utme Bells University 2022 Accounting Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Bells University Accounting examination.

Post Utme Bells University 2022 Accounting Objective / Multiple Choice
Question 3 POST_UTME_BELLS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following information is available for the year ended 31st December 2022: Cost of goods available for sale ₦1,800,000, cost of goods sold ₦1,600,000, and the number of units sold 10,000. Calculate the cost of goods sold per unit.

Answer Options

A. ₦160
Correct Answer B. ₦160.00
C. ₦160.00
D. ₦160.00
Correct Answer
B
Correct Option:
₦160.00

About This Question

This is Post Utme Bells University 2022 Accounting Question 3. It is one of the objective questions from the 2022 Post Utme Bells University Accounting examination.

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