Post Utme Mountain Top University 2019 Commerce Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2019 Commerce Objective / Multiple Choice
Question 7 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • COMMERCE • objective

A company has the following inventory levels: 100 units of product A, 50 units of product B, and 200 units of product C. If the company uses the First-In-First-Out (FIFO) method of inventory valuation, what is the total value of the inventory?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Mountain Top University 2019 Commerce Question 7. It is one of the objective questions from the 2019 Post Utme Mountain Top University Commerce examination.

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