ABC Analysis - 10 POINTS Calculate the % spend, cumulative spend %, rank items and classify into ABC. Also, what will the buyer do with this information when setting a strategy (10 points) Cost Material masks Units purchased units per total Cost % Of Spend Cumulative Spend Ranking Classification 1000 cases of Gauze pads gloves 300 $0.75 $45.00 $13,500.00 $750.00 2250 cases of paper towels 225 paper gowns 1600 $3.50 bottles of alcohol 200 $0.80 $1,800.00 $13.75 $3,093.75 $5,600.00 $23.00 $4,600.00 needles 800 $12.75 $10,200.00 bottles of hand sanitizer 180 $15.00 $2,700.00 tongue depressors 1000 $1.25 $1,250.00 $43,493.75