Question: Please include excel formulas 1. Apply ABC analysis for the following items: Item Number Item Cost ($) Annual Usage (Unit) A111 4.0 2,500 B111 1.5

Please include excel formulas

1. Apply ABC analysis for the following items:

Item Number

Item Cost

($)

Annual Usage

(Unit)

A111

4.0

2,500

B111

1.5

7,500

C111

0.25

4,000

D111

2.0

1,300

E111

55

850

F111

5.5

2,000

G111

0.75

800

H111

1.7

6,000

I111

24

1,100

J111

4

3,500

K111

3.7

1,900

L111

16

1,200

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