Post Utme Aaua 2019 Commerce Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Aaua Commerce examination.

Post Utme Aaua 2019 Commerce Objective / Multiple Choice
Question 7 POST_UTME_AAUA • 2019 • COMMERCE • objective

A firm has the following inventory levels: 100 units of product A, 200 units of product B, and 50 units of product C. If the firm uses the First-In-First-Out (FIFO) inventory method, what is the total value of the inventory?

Answer Options

A. ₦100,000
Correct Answer B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Aaua 2019 Commerce Question 7. It is one of the objective questions from the 2019 Post Utme Aaua Commerce examination.

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