Question: The following table contains data about the inventory for five items and its unit cost at Jones Corporation. Item ents 1 n hs 2345

The following table contains data about the inventory for five items and

The following table contains data about the inventory for five items and its unit cost at Jones Corporation. Item ents 1 n hs 2345 Average Unit Inventory Unit Cost 185,000 $30.00 90,000 120,000 385,000 94,000 $70.00 $12.00 $26.00 $11.00 25 Suppose Jones Corporation determined that its annual inventory carrying cost = 16 percent. Compute the dollar values for the information in the above table, determine the annual inventory carrying cost for each item, and the total annual inventory carrying cost. (Omit the "$" sign in your response.) Item 1 Item 2 Item 3 Item 4 Item 5 Inventory Carrying Cost $ I A A $ $ Total annual inventory carrying cost $

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