Question: ABC Analysis - 10 POINTS Calculate the % spend, cumulative spend %, rank items and classify into ABC. Also, what will the buyer do with

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) % Of Spend Cumulative Spend Ranking Classification Material masks cases of Gauze pads gloves cases of paper towels paper gowns bottles of alcohol needles bottles of hand sanitizer tongue depressors Units purchased 1000 300 2250 225 1600 200 800 Cost per units total Cost $0.75 $750.00 $45.00 $13,500.00 $0.80 $1,800.00 $13.75 $3,093.75 $3.50 $5,600.00 $23.00 $4,600.00 $12.75 $10,200.00 180 1000 $15.00 $2,700.00 $1.25 $1,250.00 $43,493.75

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