Post Utme Greenfield University 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2024 Accounting Objective / Multiple Choice
Question 4 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • 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
B. ₦1,800
C. ₦2,000
Correct Answer D. ₦2,500
Correct Answer
D
Correct Option:
₦2,500

About This Question

This is Post Utme Greenfield University 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Greenfield University Accounting examination.

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