Question: Problem 7-5 (Algo) The following table contains data about the inventory for five items at Jones Corporation Ending Beginning Unit Annual Tnventory Inventory Unit Sales

Problem 7-5 (Algo) The following table contains data about the inventory for five items at Jones Corporation Ending Beginning Unit Annual Tnventory Inventory Unit Sales Unit cost 1 360.000 330,000 576,000 $17 61.000 81.000 139,000 851 3 106.000 118.000 270,000 $3 410,000 380,000 256.000 $ 71,000 31.000 168.000 Total 1.000.000 990,000 1.437,000 Complete an ABC analysis of the five items that Jones Corporation carries in inventory. Rank-order each item frowy based on of Annual Sales Revenue in descending order (Round your annual sales to the nearest dollar amount and other answers to decimal place.) Amm Sales Revenue 5. of Annual sales Raven Cumulativo% of Sales Class 1 % 2 3 % % 4 5 5 0

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