Post Utme Eksu 2024 Accounting Question 36
Practice objective / multiple choice question 36 from the 2024 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. The cost of inventory A is ₦100,000, the cost of inventory B is ₦150,000, and the cost of inventory C is ₦200,000. The quantities of inventory A, B, and C are 100 units, 50 units, and 20 units, respectively. The total cost of inventory is ₦500,000. What is the cost per unit of inventory?
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About This Question
This is Post Utme Eksu 2024 Accounting Question 36. It is one of the objective questions from the 2024 Post Utme Eksu Accounting examination.
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