Question: 31. (6 pts) Given the following information, use ABC analysis (80%.: 95% - 100%) to classify the items based on Annual Sales. Item Cost per

31. (6 pts) Given the following information, use ABC analysis (80%.: 95% - 100%) to classify the items based on Annual Sales. Item Cost per Unit Annual Sales A nnual Usage (units) 10.120 3.520 3,830 4,368 3,590 lan- 0.20 0.40 9.50 0.25 0.90 0.70 0.30 0.44 31.60 0.38 4,820 1,050 1.100 710 4.700 Annual Sales Classification Ratio of Annual Sales Cumulative Ratio of Annual Sales (%) ELS

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