Post Utme Uniosun 2017 Accounting Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2017 Accounting Objective / Multiple Choice
Question 31 POST_UTME_UNIOSUN • 2017 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to value its inventory. The company's inventory consists of two types of products: A and B. Product A has a cost of ₦100 per unit, and Product B has a cost of ₦200 per unit. The company has 100 units of Product A and 50 units of Product B in its inventory. If the total cost of the inventory is ₦15,000, what is the total value of Product A in the inventory?

Answer Options

A. ₦8,000
Correct Answer B. ₦10,000
C. ₦12,000
D. ₦14,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Uniosun 2017 Accounting Question 31. It is one of the objective questions from the 2017 Post Utme Uniosun Accounting examination.

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