Question: The following table contains data about the inventory for five items at Jones Corporation. Item# 1 2 3 4 5 Beginning Unit Inventory 340,000 59,000

The following table contains data about the

The following table contains data about the inventory for five items at Jones Corporation. Item# 1 2 3 4 5 Beginning Unit Inventory 340,000 59,000 104,000 390,000 69,000 962,000 Ending Unit Inventory 310,000 79,000 116,000 360,000 79,000 944,000 Annual Unit Sales 560,000 135,000 160,000 270,000 260,000 1,385,000 Unit Cost $ 20 $ 56 $ 5 $ 11 $ 2 Total 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. (Round your annual sales to the nearest dollar amount and other answers to 1 decimal place.) Item # Annual Sales Revenue Cumulative% of Sales Class % of Annual Sales Revenue % % % % % 0 % % % % % Total 0

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