Question: Excel Online Activity: ABC The data for 20 inventoried items of a small company has been collected in the Microsoft Excel Online file below. Consider

 Excel Online Activity: ABC The data for 20 inventoried items ofa small company has been collected in the Microsoft Excel Online filebelow. Consider the ABC classification cutoffs provided in the table below. Openthe spreadsheet and perform the ABC analysis to answer the questions below.Open spreadsheet Questions 1. Calculate the cumulative percent of total dollar usage

Excel Online Activity: ABC The data for 20 inventoried items of a small company has been collected in the Microsoft Excel Online file below. Consider the ABC classification cutoffs provided in the table below. Open the spreadsheet and perform the ABC analysis to answer the questions below. Open spreadsheet Questions 1. Calculate the cumulative percent of total dollar usage and choose the appropriate ABC category for each item. Round your answers to two decimal places. 1. Calculate the cumulative percent of total dollar usage and choose the appropriate ABC category for each item. Round your answers to two decimal places. 2 Excel Activity: ABC 2. What is the total projected annual dollar usage? Round your answer to the nearest dollar. 3. Complete the following table by entering the number of items in each category and theingercentage of total number of items under ABC classification. Round your answers to the nearest whole number. Sheet1 +

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