Question: The following table contains data about the inventory for five items at Jones Corporation Beginning Ending Unit Unit Annual Item Inventory Inventory Unit Sales Unit

The following table contains data about the inventory for five items at Jones Corporation Beginning Ending Unit Unit Annual Item Inventory Inventory Unit Sales Unit Cost 1 290,000 260,000 520,000 2 $ 15 54,000 74,000 130,000 $ 51 99,000 111,000 140,000 $ 3 4 340,000 310,000 230.000 $ 10 64,000 24,000 235.000 $1 Total 847,000 829,000 1.255,000 5 Complete an ABC analysis of the five items that Jones Corporation carries in inventory. Rank-order each item frow) 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 AnnualSales Revenue % % % % % % % Total

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