Post Utme Igbinedion University 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2022 Accounting Objective / Multiple Choice
Question 18 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the cost of the inventory is ₦100,000 and the company has 500 units, what is the cost per unit?

Answer Options

A. ₦150
Correct Answer B. ₦200
C. ₦250
D. ₦300
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Igbinedion University 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Igbinedion University Accounting examination.

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