Post Utme Veritas University 2019 Accounting Question 34
Practice objective / multiple choice question 34 from the 2019 Post Utme Veritas University Accounting examination.
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 quantity is 500 units. The cost of goods B is ₦80,000, and the quantity is 300 units. The cost of goods C is ₦100,000, and the quantity is 200 units. If the total cost of goods A and B is ₦240,000, and the total quantity of goods A and B is 800 units, what is the cost per unit of goods C?
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About This Question
This is Post Utme Veritas University 2019 Accounting Question 34. It is one of the objective questions from the 2019 Post Utme Veritas University Accounting examination.
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