Post Utme Lasu 2022 Accounting Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Lasu Accounting examination.

Post Utme Lasu 2022 Accounting Objective / Multiple Choice
Question 40 POST_UTME_LASU • 2022 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: Beginning inventory ₦50,000, Purchases ₦150,000, and Cost of Goods Sold ₦100,000. Calculate the ending inventory.

Answer Options

A. ₦100,000
Correct Answer B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Lasu 2022 Accounting Question 40. It is one of the objective questions from the 2022 Post Utme Lasu Accounting examination.

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