A factory uses 8,000 varieties of inventory In terms of inventory holding and inventory usage, the following information is compiled You are required to classify the items of inventory as per ABC analysis with reasons No of Varieties of Inventory (1) to Total No of Varieties (2) 96 875 Value of Inv...

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A factory uses 8,000 varieties of inventory. In terms of inventory holding and inventory usage, the following

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A factory uses 8,000 varieties of inventory. In terms of inventory holding and inventory usage, the following information is compiled:

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You are required to classify the items of inventory as per ABC analysis with reasons.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 12, 2024 10:09 AM

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A factory uses 8,000 varieties of inventory. In terms of inventory holding and inventory usage, the following

Question:

No. of Varieties of Inventory (1) % to Total No. of Varieties (2) 96.875 % Value of Inventory Holding Average (3) 20 % of Inventory Usage (In End Product) (4) 5 7,750 220 2.750 30 0.375 8,000 100 100 2288 30 50 10 85 100

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Cost Accounting

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