Post Utme Oau 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the cost of goods available for sale is ₦500,000 and the cost of goods sold is ₦450,000, what is the value of the company's inventory?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Oau 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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