Post Utme Redeemers University 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2021 Commerce Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • COMMERCE • objective

A company has a warehouse with a capacity of 10,000 units. The company uses a last-in-first-out (LIFO) inventory system. If 5,000 units are sold in the first quarter and 3,000 units are sold in the second quarter, how many units are left in the warehouse?

Answer Options

A. 7,000
B. 8,000
Correct Answer C. 9,000
D. 10,000
Correct Answer
C
Correct Option:
9,000

About This Question

This is Post Utme Redeemers University 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.

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