Question: Please show work and calulations. Calculate the current inventory value for each item. Next, classify the following inventory items as either A, B, or C

Please show work and calulations.

Calculate the current inventory value for each item. Next, classify the following inventory items as either A, B, or C items according to the ABC analysis method: Item Annual Unit Current Classification # Sales Cost Inventory Value 1 130 4 2 400 15.30 3 25 17.00 4 1320 1.25 5 90 2.10

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