Question
1) Harriet has been told about an ABC inventory analysis. She has accumulated the following annual figures for her flower shop: roses, $10,000; ribbon, $100;
1) Harriet has been told about an ABC inventory analysis. She has accumulated the following annual figures for her flower shop: roses, $10,000; ribbon, $100; bud vases, $1,000; pins, $15; glass bowls, $500; ceramic pots, $3,000; wrapping paper, $250; carnations, $5,500. Using the percent of total inventory cost, if these were her total inventory costs, what items should be classified as A items? What items are C items?
Please answer for all items: Roses, Ribbon, Bud vases,Glass bowls, Ceramic pots, wrapping paper, carnations. It says 'ITEMS', classify all that applies to A and C.
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