Question: Classify the following inventory items as either A, B, or C items according to the ABC inventory classification method: Item # Current Inventory (units) Unit

Classify the following inventory items as either A, B, or C items according to the ABC inventory classification method: Item # Current Inventory (units) Unit Cost Current Inventory Value $ Classification 1 1100 units $ 6.50 2 420 units 55.30 3 2205 units 1.10 4 2300 units 27.25 5 94 units 86.40 a. item 1 (C), item 2 (B), item 3 (B), item 4 (A), item 5 (C) b. item 1 (B), item 2 (C), item 3 (A), item 4 (A), item 5 (C) c. item 1 (C), item 2 (B), item 3 (C), item 4 (B), item 5 (A) d. item 1 (B), item 2 (A), item 3 (A), item 4 (C), item 5 (C)

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