Post Utme Bowen University 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_BOWEN_UNIVERSITY • 2024 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the company has three types of inventory with the following quantities and costs: Type A (100 units, ₦50 each), Type B (200 units, ₦75 each), and Type C (300 units, ₦100 each), what is the total value of the inventory?

Answer Options

A. ₦35,000
B. ₦40,000
C. ₦45,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Bowen University 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Bowen University Accounting examination.

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