Post Utme Christopher University 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • COMMERCE • objective

A company has a warehouse with a capacity to store 10,000 units of a product. The company receives an order for 8,000 units and wants to determine the optimal storage arrangement to minimize costs. If the company's storage costs are ₦5 per unit per month, calculate the total storage cost for the next 6 months.

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,500,000
C. ₦1,800,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Christopher University 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Christopher University Commerce examination.

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