To calculate the standard storage charges in the warehouse for the pharmaceutical product, we need to follow these steps:

1. Calculate the volume of the product in cubic meters (cbm):

   • Convert the dimensions from centimeters to meters:
     • Length = 120 cm = 1.2 m
     • Width = 110 cm = 1.1 m
     • Height = 140 cm = 1.4 m
   • Volume (cbm) = Length × Width × Height
   • Volume = 1.2 m × 1.1 m × 1.4 m

2. Calculate the storage charges:

   • Cost per cbm = 1 Bahraini Dinar
   • Total storage charges = Volume (cbm) × Cost per cbm

Let's perform the calculations.

Step 1: Calculate the Volume

[ \text{Volume} = 1.2 , \text{m} \times 1.1 , \text{m} \times 1.4 , \text{m} = 1.848 , \text{cbm} ]

Step 2: Calculate the Storage Charges

[ \text{Total Storage Charges} = 1.848 , \text{cbm} \times 1 , \text{Bahraini Dinar} = 1.848 , \text{Bahraini Dinars} ]

Conclusion

The standard storage charges in the warehouse for the pharmaceutical product would be approximately 1.85 Bahraini Dinars (rounded to two decimal places).