Post Utme Noun 2024 Accounting Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Noun Accounting examination.

Post Utme Noun 2024 Accounting Objective / Multiple Choice
Question 38 POST_UTME_NOUN • 2024 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: 100 units of Item A at ₦20 each, 200 units of Item B at ₦30 each, and 300 units of Item C at ₦40 each. What is the total value of the inventory?

Answer Options

A. ₦12,000
B. ₦15,000
Correct Answer C. ₦18,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦18,000

About This Question

This is Post Utme Noun 2024 Accounting Question 38. It is one of the objective questions from the 2024 Post Utme Noun Accounting examination.

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