Post Utme Eksu 2017 Accounting Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 35 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the inventory consists of 100 units of Item A at ₦10 each and 50 units of Item B at ₦20 each, what is the total value of the inventory?

Answer Options

A. ₦2,000
Correct Answer B. ₦2,500
C. ₦3,000
D. ₦3,500
Correct Answer
B
Correct Option:
₦2,500

About This Question

This is Post Utme Eksu 2017 Accounting Question 35. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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