Question: A small business has five items in its inventory with the following annual consumption values Item 1 $ 1 0 , 0 0 0 ,

A small business has five items in its inventory with the following annual consumption values Item 1 $10,000, Item 2 $5,000, Item 3 $1,500, Item 4 $800, and Item 5 $200. Based on a typical ABC analysis, which item would most likely be classified as a Category A item?
Group of answer choices
Item 3
Item 4
Item 1
Item 5

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