The following table contains data about the inventory for five items at Jones Corporation.

Item #Beginning Unit InventoryEnding Unit InventoryAnnual Unit SalesUnit Cost$1230,000200,000472,000$$$22248,00068,000124,000$$$47393,000105,000117,000$$$54280,000250,000194,000$$$10558,00068,000205,000$$$1$Total$709,000691,0001,112,000$

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. Problem $7-5($Algo$)$

The following table contains data about the inventory for five items at Jones Corporation.

Complete an ABC analysis of the five items that Jones Corporation carries in inventory. Rank$-$order each item $($row$)$ based on $"\backslash \%$ of Annual Sales Revenue" in descending order.

Note: Round your annual sales to the nearest dollar amount and other answers to $1$ decimal place.