Post Utme Lautech 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Lautech Accounting examination.

Post Utme Lautech 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_LAUTECH • 2018 • ACCOUNTING • objective

A company uses the weighted average method of inventory valuation. If the cost of goods available for sale is ₦1,000,000, the cost of goods sold is ₦800,000, and the total number of units sold is 10,000, what is the weighted average cost per unit?

Answer Options

A. ₦80
B. ₦90
Correct Answer C. ₦100
D. ₦110
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Lautech 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.

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