Post Utme Ksu 2024 Accounting Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Ksu Accounting examination.

Post Utme Ksu 2024 Accounting Objective / Multiple Choice
Question 19 POST_UTME_KSU • 2024 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the cost of goods available for sale is ₦120,000, the cost of goods sold is ₦90,000, and the beginning inventory is ₦20,000, what is the ending inventory?

Answer Options

A. ₦30,000
B. ₦40,000
C. ₦50,000
Correct Answer D. ₦60,000
Correct Answer
D
Correct Option:
₦60,000

About This Question

This is Post Utme Ksu 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Ksu Accounting examination.

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