Post Utme Lautech 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Lautech Accounting examination.

Post Utme Lautech 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LAUTECH • 2024 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to calculate its inventory value. If the company has 100 units of a product with a cost of ₦50 each, and 50 units of the same product with a cost of ₦75 each, what is the weighted average cost per unit?

Answer Options

Correct Answer A. ₦62.50
B. ₦60.00
C. ₦65.00
D. ₦70.00
Correct Answer
A
Correct Option:
₦62.50

About This Question

This is Post Utme Lautech 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Lautech Accounting examination.

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