Back to Questions
SSC Financial and Cost Accounting P-1 QUESTION #9617
Question 1
Under the Weighted Average method of stock valuation, 10 units are received on Jan 1 @ Rs. 150 each and 15 units on Jan 2 @ Rs. 200 each. What is the weighted average cost per unit after the Jan 2 receipt?
  • Rs. 175.00
  • Rs. 180.00✔️
  • Rs. 185.00
  • Rs. 166.67
Correct Answer Explanation
Total cost after Jan 2 = (10 × 150) + (15 × 200) = 1,500 + 3,000 = Rs. 4,500. Total units = 25. Weighted average = 4,500 ÷ 25 = Rs. 180 per unit.