Post Utme Oau 2019 Accounting Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Oau Accounting examination.

Post Utme Oau 2019 Accounting Objective / Multiple Choice
Question 22 POST_UTME_OAU • 2019 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: Beginning Inventory ₦150,000, Purchases ₦300,000, and Cost of Goods Sold ₦250,000. What is the company's ending inventory value?

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦250,000
D. ₦280,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Oau 2019 Accounting Question 22. It is one of the objective questions from the 2019 Post Utme Oau Accounting examination.

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