Post Utme Coal City University 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2022 Commerce Objective / Multiple Choice
Question 11 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • COMMERCE • objective

In a warehouse with a 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

A. 6,000
Correct Answer B. 7,500
C. 8,500
D. 9,000
Correct Answer
B
Correct Option:
7,500

About This Question

This is Post Utme Coal City University 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Coal City University Commerce examination.

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