Question: Please fill in the table completely. For classifications, determine whether they are (A, B, or C) classifications. Barbara Flynn's company has compiled the data below
Please fill in the table completely.
For classifications, determine whether they are (A, B, or C) classifications.
Barbara Flynn's company has compiled the data below on a small set of products. Based on the percentages of dollar volume, perform an ABC analysis on her data by completing the table below. Assume that class A items represent about 70% of the total dollar usage, class Babout 25%, class C-less than 5% (round your responses to the nearest whole number). Item Annual Demand Unit Cost Annual Dollar Volume Classification A 200 $200 $40,000 B 50 $150 $7,500 160 $160 D 150 $150 $ E 300 $300Step by Step Solution
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