Post Utme Uniosun 2024 Commerce Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2024 Commerce Objective / Multiple Choice
Question 31 POST_UTME_UNIOSUN • 2024 • COMMERCE • objective

A company has the following stock levels: 100 units of product A, 200 units of product B, and 300 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 company's inventory?

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Uniosun 2024 Commerce Question 31. It is one of the objective questions from the 2024 Post Utme Uniosun Commerce examination.

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