Question: The following table contains data about the inventory for five items at Jones Corporation. Item # 1 2 3 4 5 Beginning Unit Inventory 190,000

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 190,000 44,000 89,000 240,000 54,000 617,000 Ending Unit Inventory 160,000 64,000 101,000 210,000 64,000 599,000 Annual Unit Sales 440,000 120,000 100,000 150,000 185,000 995,000 Unit Cost $ 18 $ 43 $ 6 $ 12 $ 1 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 % of Annual Sales Revenue % Cumulative% of Sales Class 1 % 2 % 3 % % 4 % % 5 % Total $ 0 0

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