Post Utme Redeemers University 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the cost of the current year's inventory is ₦300,000 and the cost of the previous year's inventory is ₦200,000, what is the weighted average cost per unit?

Answer Options

A. ₦200,000
Correct Answer B. ₦250,000
C. ₦300,000
D. ₦350,000
Correct Answer
B
Correct Option:
₦250,000

About This Question

This is Post Utme Redeemers University 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Redeemers University Accounting examination.

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