Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9.18. Analyze the following data to produce an ABC classification based on annual dollar usage. Part Number Annual Unit Usage Unit Cost $ Annual $

9.18. Analyze the following data to produce an ABC classification based on annual dollar usage.
Part Number Annual Unit Usage Unit Cost $ Annual $ Usage Part Number Annual $ Usage Cumulative $ Usage Cumulative % $ Usage Cumulative # of Items Cumulative % of Items Class
1 200 10 $60,000.00 3 $6,000.00
2 17,000 4 $15,000.00 4 $15,000.00
3 60,000 6 $17,000.00 2 $17,000.00
4 15,000 15 $25,000.00 7 $25,000.00
5 1,500 10 $25,000.00 9 $25,000.00
6 120 50 $1,500.00 5 $1,500.00
7 25,000 2 $7,500.00 10 $7,500.00
8 700 3 $120.00 6 $120.00
9 25,000 1 $700.00 8 $700.00
10 7,500 1 $200.00 1 $200.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management the managerial process

Authors: Eric W Larson, Clifford F. Gray

5th edition

73403342, 978-0073403342

More Books

Students also viewed these General Management questions

Question

please try to give correct answer 8 3 .

Answered: 1 week ago