Question: please help calculate dollar volume and selecting classification. thank you! Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory, and

Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory, and Lynn knows that there are costs associated with inventory. However, because her time is limited, she cannot carefully evaluate the inventory policy for all products. Lynn wants to classify the items according to dollars invested in them. The table below provides information about the 10 items that she carries. Based on the percentages of dollar volume, complete the table below by using ABC analysis to classify these items into categories A,B, and C. Assume that class A items represent about 75% of the total dollar usage, class B-about 22%, class C-about 3% (round your responses to the nearest whole number). (Note, when classifying items, be sure to round their respective percent of dollar volume to two decimal places.)
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