Question: Factory raw material holds the following four items. If A items are 70% of the value ordered once a month, B items are 18% of

Factory raw material holds the following four items. If A items are 70% of the value ordered once a month, B items are 18% of the value ordered once a quarter, and C items are 12% of the value ordered twice a year, what is the ABC classification for Item 3? Item 1 Item Annual $ Value Demand $0.55 200 $3.25 $ 90 $0.35 $5.00 14

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Read case 1 on page 59 of your textbook "Canadian Business Law Today" by Breen, Ellis and Stephenson edition 2nd and answer the questions below: Q1: Identify which type of tort applies to the case...

10 pts Question 10 Factory raw material holds the following five items. If A items are 70% of the value ordered once a month, B items are 18% of the value ordered once a quarter, and C items are 12%...

Factory raw material holds the following five items. If A items are 70% of the value ordered once a month, B items are 18% of the value ordered once a quarter, and C items are 12% of the value...

Question 10 10 pts Factory raw material holds the following five items. If A items are 70% of the value ordered once a month, B items are 18% of the value ordered once a quarter, and C items are 12%...

Factory raw material has the following composition. A items are 60% of the value ordered once a month, B items are 20% of the value ordered once a quarter, C items are 5% of the value ordered twice a...

Question 2 Factory raw material has the following composition. Aitems are 66% of the value ordered once a month, B items are 25% of the va quarter, C items are 10% of the value ordered twice a year....

413-432_CH18_Nachmias.qxd 1/17/07 3:47 PM Page 413 Chapter Index Construction and Scaling Methods INDEX CONSTRUCTION The Purpose of the Index The Sources of the Data The Base of Comparison Methods of...

Please answer 1. Inventories are a. Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the...

design cultural web and its main elements. base your answer on the description offered in the case study at about the time when the workshops begun. Case Study: Kao Corporation By Samantha Ghoshal...

Can you help me complete tabs 8 till 18 please You can input the formulas on the cells that way I know how you got the results YZ7742 I SEE THE LIGHT www.cybertext.com, The Book List, Building Blocks...

Help needed for job costing assignment.I need to show all the calculations. Job Order Costing PROJECT Krishna saxena | cost measurement, plan & control | 20 th feb'2017 1 Custom Fabric Ventures is a...

The FASB has issued SFAC No. 5, Recognition and Measurement in Financial Statements of Business Enterprises. In general, this statement sets recognition criteria and guidance for what information...

What are the advantages of floating exchange rates and fixed exchange rates?

An operational amplifier circuit that can serve as a filter circuit is shown in Figure DP2.4. Determine the transfer function of the circuit, assuming an ideal op-amp. Find v 01t2 when the input is v...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...