Post Utme Delsu 2021 Accounting Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Delsu Accounting examination.

Post Utme Delsu 2021 Accounting Objective / Multiple Choice
Question 3 POST_UTME_DELSU • 2021 • ACCOUNTING • objective

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

Answer Options

A. ₦250,000
B. ₦300,000
C. ₦350,000
Correct Answer D. ₦400,000
Correct Answer
D
Correct Option:
₦400,000

About This Question

This is Post Utme Delsu 2021 Accounting Question 3. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.

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