Post Utme Rsu 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Rsu Commerce examination.

Post Utme Rsu 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_RSU • 2025 • COMMERCE • objective

A company's inventory management system uses the first-in, first-out (FIFO) method. If the company has 100 units of a product with a cost of ₦50 each, and it sells 50 units, what is the total cost of the units sold?

Answer Options

A. ₦2,500
Correct Answer B. ₦2,750
C. ₦3,000
D. ₦3,250
Correct Answer
B
Correct Option:
₦2,750

About This Question

This is Post Utme Rsu 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Rsu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support