Post Utme Skyline University 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the perpetual inventory system to value its inventory. The company has two types of inventory: A and B. The cost of inventory A is ₦120,000, and it has a weightage of 50%. The cost of inventory B is ₦80,000, and it has a weightage of 50%. What is the total cost of the inventory?

Answer Options

Correct Answer A. ₦180,000
B. ₦200,000
C. ₦220,000
D. ₦240,000
Correct Answer
A
Correct Option:
₦180,000

About This Question

This is Post Utme Skyline University 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Skyline University Accounting examination.

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