Post Utme Ksu 2023 Commerce Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Ksu Commerce examination.

Post Utme Ksu 2023 Commerce Objective / Multiple Choice
Question 36 POST_UTME_KSU • 2023 • COMMERCE • objective

A company's inventory management system uses a first-in-first-out (FIFO) method. If the system has 100 units of a product with a cost of ₦200 per unit, and 20 units are sold, what is the total cost of the units sold?

Answer Options

Correct Answer A. ₦4,000
B. ₦4,200
C. ₦4,400
D. ₦4,800
Correct Answer
A
Correct Option:
₦4,000

About This Question

This is Post Utme Ksu 2023 Commerce Question 36. It is one of the objective questions from the 2023 Post Utme Ksu Commerce examination.

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