Question: 1.Given the following inventory information, perform an ABC analysis for the ten items shown. Fill in the blank spaces in the charts below. (Round your
1.Given the following inventory information, perform an ABC analysis for the ten items shown. Fill in the blank spaces in the charts below. (Round your calculations to 2 decimal places.) Please show all of your calculations. This way you may receive partial marks even though your answers may be incorrect.
| Item No. | Unit Cost ($) | Annual Usage | Annual Dollar Usage | % of Total Annual $ Usage | Inventory Class |
| T604 | 65.00 | 400 | |||
| J125 | 5.40 | 4600 | |||
| Y321 | 31.50 | 600 | |||
| Y633 | 3.50 | 3500 | |||
| X221 | 1.65 | 5500 | |||
| M455 | 5.25 | 1500 | |||
| L242 | 1.05 | 1400 | |||
| K966 | 0.29 | 3800 | |||
| B886 | 6.43 | 118 | |||
| W985 | 0.73 | 810 | |||
| Totals: | XXXXXX | XXXXXX | XXXXXXX |
| % of Total Annual $ usage by class | |
| Class A items | |
| Class B items | |
| Class C items |
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