Perform an ABC analysis for the data provided in in the table below. Item Unit Cost 1 Annual Usage 1,250 3,120 $26.32 2 $46.20 $34.20 3 940 4 $95.30 $10.36 5 6 $6.52 7 2,350 3,500 1,000 2,600 1,350 5,420 3,650 2,860 8 $76.25 $1.32 $23.12 9 10 $32.11 11 $43.20 12 $0.98 13 4,630 2,000 3,950 $5.50 14 $13.20 15 680 $6.40 16 $10.65 17 $24.30 18 2,580 3,900 4,500 3,650 2,400 $7.95 19 $19.65 20 $29.20 Consider the ABC classification cutoffs provided in the table below. ABC classification cutoffs 75% B 95% 100% Cumulative Cumulative Projected Dollar Usage Annual Cumulative Percent Dollar ABC Percent of Total Item Usage of Items Classification 1 32,900.00 $ X $ 32900 8 2 % 5 % A 2 $ 3120 $ 177044 13 % 10 % A 3 940 X $ 209192 15 % 15 % A A to X 4 $ 223955 $ 433147 31 % 20 % A 5 $ 36260 $ 469407 33 % 25 % A 6 $ 6520 $ 475927 34 % 30 % A $ 7 198250 $ X 674177 48 % 35 % A 8 $ 1782 $ 675959 48 % 40 % A B 9 $ 125310.40 $ 801269.40 57 % 45 % A 10 $ 117201.50 $ 918470.90 65 % 50 % A 11 $ 123552 $ 1042022.90 74 % 55 % A $ 12 4537.40 X $ 1046560.30 74 % 60 % B X $ 13 11000 X 1057560.30 $ 75 % 65 %B 14 $ 52140 $ 1109700.30 78 % 70 % B $ 15 X 4352 $ 1114052.30 79 % 75 % B 16 X $ 27477 X $ 1141529.30 81 % 80 %B 17 $ 94770 $ 1236299.30 87 % 85 % B 18 $ 35775 $ 1272074.30 90 % 90 % c X 19 $ 71722.50 $ 1343796.80 95 % % 95 % c 8 20 $ 70080 $ 1413876.80 100 % 100 % c