Question: Develop an A-B-C classification of these items. Step 1: find annual dollar value, Step 2: arrange in importance (A,B,C), find percent of items and percent
Develop an A-B-C classification of these items. Step 1: find annual dollar value, Step 2: arrange in importance (A,B,C), find percent of items and percent of dollar value
| Item | Unit Cost | Annual Volume (00) |
| 1 | $100 | 25 |
| 2 | $80 | 30 |
| 3 | $15 | 60 |
| 4 | $50 | 10 |
| 5 | $11 | 70 |
| 6 | $60 | 85 |
| 7 | $10 | 60 |
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