Post Utme Bowen University 2024 Commerce Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2024 Commerce Objective / Multiple Choice
Question 6 POST_UTME_BOWEN_UNIVERSITY • 2024 • COMMERCE • objective

In a warehouse with a storage capacity of 10,000 units, the inventory level is currently at 8,000 units. The warehouse receives a shipment of 2,000 units on the first day of the month and sells 1,500 units on the same day. If the warehouse operates on a first-in, first-out (FIFO) inventory system, what is the total number of units in the warehouse at the end of the first day?

Answer Options

Correct Answer A. 9,500
B. 10,000
C. 8,500
D. 7,000
Correct Answer
A
Correct Option:
9,500

About This Question

This is Post Utme Bowen University 2024 Commerce Question 6. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.

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