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Problem 12.1 Question Help L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. Ho would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item Code % of Dollar Volume 1289 2347 36.79 9.20 L. Houts Plastics Charlotte Inventory Levels Avg. Inventory Value Dollar (units) (S/unit) Volume 400 3.50 300 4.00 1,200 120 2.50 300 75 1.50 60 1.75 105 25 2.25 20 1.15 23 12 2.05 25 5 1.60 7 2.00 14 6 3.00 18 3,261 2349 2363 2394 2395 6782 7844 8210 8310 9111 3.22 0.71 0.75 0.43 0.55