Post Utme Unilorin 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 5 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

A company is considering two warehouse locations: Location A, which is 10 km away from the factory, and Location B, which is 20 km away from the factory. If the transportation cost per unit is ₦5 per km, and the holding cost per unit is ₦10 per unit per month, what is the total cost of storage for a 1000-unit inventory at Location A?

Answer Options

Correct Answer A. ₦50,000
B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Unilorin 2023 Commerce Question 5. It is one of the objective questions from the 2023 Post Utme Unilorin 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