Post Utme Greenfield University 2025 Accounting Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2025 Accounting Objective / Multiple Choice
Question 21 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The company's inventory consists of three types of items: A, B, and C. The cost of item A is ₦100, item B is ₦200, and item C is ₦300. The quantities of items A, B, and C are 100, 50, and 20 units, respectively. The total cost of the inventory is ₦150,000. What is the cost per unit of item A?

Answer Options

Correct Answer A. ₦120
B. ₦150
C. ₦180
D. ₦200
Correct Answer
A
Correct Option:
₦120

About This Question

This is Post Utme Greenfield University 2025 Accounting Question 21. It is one of the objective questions from the 2025 Post Utme Greenfield University Accounting examination.

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