Post Utme Futa 2023 Accounting Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Futa Accounting examination.

Post Utme Futa 2023 Accounting Objective / Multiple Choice
Question 28 POST_UTME_FUTA • 2023 • 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. ₦1,500
Correct Answer B. ₦1,800
C. ₦2,000
D. ₦2,500
Correct Answer
B
Correct Option:
₦1,800

About This Question

This is Post Utme Futa 2023 Accounting Question 28. It is one of the objective questions from the 2023 Post Utme Futa Accounting examination.

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