Classify the following inventory items as A$,$ B$,$ or C based on annual dollar value $($ADV$)$: Item Annual

Demand Unit

Cost $ Annual Dollar

Value $($ADV$)$ Annual Dollar

Value $($ADV$)$ in order $\%$ of usage Cumulative $\%$ Class

$13,0001030,000$

$29,000327,000$

$31,000710710,000$

$42,500250625,000$

$51,900500950,000$

$640020080,000$

$750010050,000$

$81,0004,3004,300,000$

$920021042,000$

$105,0007203,600,000$

$112,500192480,000$

$121,0003535,000$

TOTAL