Post Utme Ims U 2023 Commerce Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Ims U Commerce examination.

Post Utme Ims U 2023 Commerce Objective / Multiple Choice
Question 15 POST_UTME_IMS_U • 2023 • COMMERCE • objective

A firm is considering two different warehousing options. Option A involves a fixed cost of ₦50,000 per year, while Option B involves a fixed cost of ₦30,000 per year. However, Option B has a variable cost of ₦5 per unit stored. If the firm expects to store 10,000 units per year, what is the total cost of Option B?

Answer Options

A. ₦350,000
B. ₦300,000
Correct Answer C. ₦320,000
D. ₦380,000
Correct Answer
C
Correct Option:
₦320,000

About This Question

This is Post Utme Ims U 2023 Commerce Question 15. It is one of the objective questions from the 2023 Post Utme Ims U Commerce examination.

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