Question: The following table contains data about the inventory for five items at Jones Corporation Item 1 2 3 4 5 Total Beginning Unit Inventory 170,000

The following table contains data about the inventory for five items at Jones Corporation Item 1 2 3 4 5 Total Beginning Unit Inventory 170,000 42,000 87,000 220,000 52,080 571,600 Ending Unit Inventory 140,000 62,000 99,000 190,000 62,200 553,890 Annual Unit 5ales 429,000 90,000 120,000 200,000 175,000 1,885,000 Unit Cost $ 16 $ 41 $ 4 $ 8 $ 1 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 % % % % % % % ele se % % Total
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