Post Utme Uniport 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Uniport Accounting examination.

Post Utme Uniport 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_UNIPORT • 2025 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The following data is available: Cost of goods available for sale ₦500,000, Cost of goods sold ₦400,000, Beginning inventory ₦100,000. What is the cost of goods sold?

Answer Options

A. ₦350,000
Correct Answer B. ₦400,000
C. ₦450,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Uniport 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Uniport Accounting examination.

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