Post Utme Mountain Top University 2017 Commerce Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2017 Commerce Objective / Multiple Choice
Question 9 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • COMMERCE • objective

A company has a warehouse with a capacity of 10,000 units. The company receives an order for 8,000 units. If the company uses a first-in, first-out (FIFO) inventory system, what is the cost of the units shipped to the customer?

Answer Options

Correct Answer A. ₦800,000
B. ₦900,000
C. ₦1,000,000
D. ₦1,200,000
Correct Answer
A
Correct Option:
₦800,000

About This Question

This is Post Utme Mountain Top University 2017 Commerce Question 9. It is one of the objective questions from the 2017 Post Utme Mountain Top University Commerce examination.

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