What would be the total cost of inventory, if a firm holds 200 units of a product 'A',where the carrying cost is Rs. 2 per unit?
A)Rs. 202
B)Rs. 100
C)Rs. 198
D)Rs. 400

Question

Quizplus · Accepted Answer

The total cost of inventory is calculated by multiplying the number of units held by the carrying cost per unit. Therefore, for 200 units at Rs. 2 per unit, the total cost is 200 * 2 = Rs. 400.

What Would Be the Total Cost of Inventory, If a Firm