Post Utme Christopher University 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: Cost of Goods Sold ₦200,000, Beginning Inventory ₦100,000, Ending Inventory ₦150,000, and Purchases ₦300,000. What is the cost of goods sold using the weighted average method?

Answer Options

A. ₦250,000
B. ₦260,000
Correct Answer C. ₦270,000
D. ₦280,000
Correct Answer
C
Correct Option:
₦270,000

About This Question

This is Post Utme Christopher University 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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