Post Utme Eksu 2019 Accounting Question 8
Practice objective / multiple choice question 8 from the 2019 Post Utme Eksu Accounting examination.
A company uses the weighted average method to value its inventory. The company has three types of inventory: A, B, and C, with quantities of 100, 200, and 300 units, respectively. The costs of these inventories are ₦50, ₦60, and ₦70 per unit, respectively. If the total cost of the inventory is ₦24,000, what is the total value of the inventory?
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About This Question
This is Post Utme Eksu 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Eksu Accounting examination.
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