Post Utme Rhema University 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2025 Accounting Objective / Multiple Choice
Question 32 POST_UTME_RHEMA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the inventory is valued at ₦100,000, the cost of goods available for sale is ₦150,000, and the beginning inventory is ₦50,000, what is the cost of goods sold?

Answer Options

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

About This Question

This is Post Utme Rhema University 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.

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