Post Utme Ui 2023 Accounting Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Ui Accounting examination.

Post Utme Ui 2023 Accounting Objective / Multiple Choice
Question 36 POST_UTME_UI • 2023 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The company's inventory consists of three types of goods: A, B, and C. The cost of goods A is ₦120,000, and the number of units sold is 500. The cost of goods B is ₦80,000, and the number of units sold is 300. The cost of goods C is ₦60,000, and the number of units sold is 200. The total cost of goods sold is ₦240,000. What is the cost per unit of goods A?

Answer Options

Correct Answer A. ₦240
B. ₦250
C. ₦260
D. ₦270
Correct Answer
A
Correct Option:
₦240

About This Question

This is Post Utme Ui 2023 Accounting Question 36. It is one of the objective questions from the 2023 Post Utme Ui Accounting examination.

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