Post Utme Veritas University 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_VERITAS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the perpetual inventory system. 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?

Answer Options

A. ₦150
B. ₦120
Correct Answer C. ₦100
D. ₦80
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Veritas University 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Veritas University Accounting examination.

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