Post Utme Osustech 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Osustech Accounting examination.

Post Utme Osustech 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_OSUSTECH • 2020 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to value its inventory. The company has two departments: A and B. Department A has 10,000 units of finished goods with a cost of ₦100 per unit, while Department B has 5,000 units of finished goods with a cost of ₦150 per unit. The total number of units in inventory is 15,000. What is the weighted average cost per unit of the inventory?

Answer Options

A. ₦120
Correct Answer B. ₦130
C. ₦140
D. ₦150
Correct Answer
B
Correct Option:
₦130

About This Question

This is Post Utme Osustech 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Osustech Accounting examination.

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