Post Utme Uniosun 2021 Accounting Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2021 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNIOSUN • 2021 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The company has three types of inventory: A, B, and C, with quantities of 100, 200, and 300 units, respectively. The costs of these inventories are ₦100, ₦120, and ₦150 per unit, respectively. What is the weighted average cost per unit?

Answer Options

A. ₦120
Correct Answer B. ₦125
C. ₦130
D. ₦135
Correct Answer
B
Correct Option:
₦125

About This Question

This is Post Utme Uniosun 2021 Accounting Question 29. It is one of the objective questions from the 2021 Post Utme Uniosun Accounting examination.

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