Perform an ABC analysis for the data provided. Clearly explain why you classified items as A, B, or C.

	Annual	Unit
Item	Usage	Cost
1	2400	$19.51
2	6200	$32.60
3	8500	$10.20
4	3200	$6.80
5	6000	$4.50
6	750	$55.70
7	8200	$3.60
8	9000	$44.90
9	5800	$35.62
10	820	$82.60
11	500	$40.50
12	2000	$15.40
13	2400	$14.60
14	6300	$35.80
15	4750	$17.30
16	2700	$51.75
17	1600	$42.90
18	1350	$25.30
19	5000	$67.00
20	1000	$125.00

(Please show the work, and follow the instructions and write an explanation of about 500 words)