Post Utme Lead City University 2025 Accounting Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2025 Accounting Objective / Multiple Choice
Question 11 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The cost of goods available for sale is ₦1,500,000, and the total cost of the ending inventory is ₦1,200,000. If the company uses a 20% discount rate, what is the value of the ending inventory?

Answer Options

Correct Answer A. ₦1,000,000
B. ₦1,200,000
C. ₦1,400,000
D. ₦1,600,000
Correct Answer
A
Correct Option:
₦1,000,000

About This Question

This is Post Utme Lead City University 2025 Accounting Question 11. It is one of the objective questions from the 2025 Post Utme Lead City University Accounting examination.

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