Question: b-e please :) 1. ABC Inventory Control System Over the past year, a company has sold the following 10 items. The following table shows the
b-e please :)
1. ABC Inventory Control System Over the past year, a company has sold the following 10 items. The following table shows the annual sales in units and the cost of each item Part Number 1 2 3 4 5 6 7 8 9 10 Total Unit Usage Unit Cost ($) Annual $ Usage 1200 2 6000 40 600 3 24,000 2 2000 50 100 60 400 4 20 000 2 3000 1 400 5 a. Calculate the annual dollar usage of each item b. List the items according to their total annual dollar usage. c. Calculate the cumulative annual usage dollar and the cumulative percentage of items. d. Group the items into ABC Classification Which items should be given high low priority and what type of control she be used? e
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