Post Utme Babcock University 2022 Commerce Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2022 Commerce Objective / Multiple Choice
Question 17 POST_UTME_BABCOCK_UNIVERSITY • 2022 • COMMERCE • objective

A warehouse is using a first-in-first-out (FIFO) inventory system. If the oldest item in the warehouse has a value of ₦1500 and the next oldest item has a value of ₦1200, what is the total value of the oldest 5 items?

Answer Options

A. ₦7500
Correct Answer B. ₦8000
C. ₦8500
D. ₦9000
Correct Answer
B
Correct Option:
₦8000

About This Question

This is Post Utme Babcock University 2022 Commerce Question 17. It is one of the objective questions from the 2022 Post Utme Babcock University Commerce examination.

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