Post Utme Delsu 2022 Accounting Question 3

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

Post Utme Delsu 2022 Accounting Objective / Multiple Choice
Question 3 POST_UTME_DELSU • 2022 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: Cost of Goods Available for Sale ₦150,000, Beginning Inventory ₦50,000, Purchases ₦100,000, and Ending Inventory ₦80,000. What is the cost of goods sold?

Answer Options

A. ₦120,000
B. ₦130,000
C. ₦140,000
Correct Answer D. ₦150,000
Correct Answer
D
Correct Option:
₦150,000

About This Question

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

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