Question: The following table contains data about the inventory for five items at Jones Corporation. Beginning Unit Ending Unit Item # 12345 Inventory Inventory Annual
The following table contains data about the inventory for five items at Jones Corporation. Beginning Unit Ending Unit Item # 12345 Inventory Inventory Annual Unit Sales Unit Cost 280,000 250,000 512,000 $14 53,000 73,000 129,000 $50 98,000 110,000 136,000 $4 330,000 300,000 222,000 $8 63,000 73,000 230,000 $1 824,000 806,000 1,229,000 Complete an ABC analysis of the five items that Jones Corporation carries in inventory. Rank-order each item (row) based on "% of Annual Sales Revenue" in descending order. Note: Round your annual sales to the nearest dollar amount and other answers to 1 decimal place. Total Item # Annual Sales Revenue % of Annual Sales Revenue Cumulative % of Class Sales Revenue % 1 2 4 3 5 di di di didi % % % % % $ 0 Total % % di di di di do %
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