Question: Consider the ABC classification cutoffs provided in the table below. ABC classification cutoffs A 70% B 88% C 100% Complete the table below. Do not

Consider the ABC classification cutoffs provided in the table below.
| ABC classification cutoffs |
| A | 70% | |
| B | 88% | |
| C | 100% | |
Complete the table below. Do not round intermediate calculations. Round your answers to two decimal places.

Perform an ABC analysis for the data provided in in the table below. Item 1 2 3 4 5 Annual Usage 2,350 5,560 1,700 2,300 1,800 4,520 3,900 2,250 1,860 2,450 800 6 Unit Cost $76.45 $24.45 $86.14 $76.00 $76.23 $95.36 $15.36 $46.20 $75.10 $12.30 $65.20 $146.20 $53.20 7 8 9 10 11 12 13 4,600 7,800 6,250 350 14 $8.65 15 16 750 $56.20 $48.30 $30.30 17 18 $4.00 1,800 5,400 2,350 4,000 19 $56.65 $13.25 20 Item Annual Usage of Total of Items Classification -Select- $ % % -Select- -Select- $ $ % % -Select- -Select- S S % % -Select- -Select- S $ % % -Select- -Select- $ $ % % -Select- -Select- S S % % -Select- -Select- v $ $ % % -Select- -Select- % % -Select- -Select- v S $ % % -Select- v S $ % % B -Select- $ % % -Select- S $ % % -Select- S $ % % -Select- -Select- S $ % % -Select- -Select- $ S % % -Select- -Select- S $ % % -Select- -Select- $ % % -Select- -Select- S S % % -Select- -Select- S $ % % -Select- -Select- $ % % -Select