Post Utme Rsu 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. If the company has three types of inventory with the following quantities and costs: Type A (100 units, ₦50 per unit), Type B (200 units, ₦75 per unit), and Type C (300 units, ₦100 per unit), what is the total value of the inventory?

Answer Options

A. ₦210,000
B. ₦240,000
Correct Answer C. ₦270,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦270,000

About This Question

This is Post Utme Rsu 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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