Question: 5. Classify the different commodities below using ABC analyses with respect to the total cost (a simple pocket calculator is needed). Explain all steps that

5. Classify the different commodities below using

5. Classify the different commodities below using ABC analyses with respect to the total cost (a simple pocket calculator is needed). Explain all steps that you need in the ABC classification of these commodities. Commodity Nr of Units Cost/Unit Total Cost 1 1500 400 600000 21 800 200 160000 3 70000 6 420000 4 70000 0,67 46900 5 8638 4 34552 6 5355 5 26775 7 10500 2 21000 8 1306 58 75748 9 10500 2 21000 10 19593 3 58779 11 1400 34 47600 12 3000 4 12000

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