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I need the detailed explanation for this question in EXCEL. Question 1: David Alexander has compiled the following table of six items in inventory at

I need the detailed explanation for this question in EXCEL.

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Question 1: David Alexander has compiled the following table of six items in inventory at Angelo Products, along with the unit cost and the annual demand in units: Identification Code Unit Cost ($) Annual Demand (units) XX1 5.84 1200 B66 5.40 1110 3CPO 1.12 896 33CP 74.54 1104 R2D2 2.00 1110 RMS 2.08 961 Use ABC analysis to determine which item(s) should be carefully controlled using a quantitative inventory technique and which item(s) should not be closely controlled. Question 2: L. Houts Plastics is a large manufacturer of injection- moulded plastics in Ontario. An investigation of the company's manufacturing facility in Mississauga yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? L. Houts Plastics Mississauga Inventory Levels Item Code # Average Inventory (units) Value (S/unit) 1289 400 3.75 2347 300 4.00 2349 120 2.50 2363 75 1.50 2394 60 1.75 2395 30 2.00 5782 20 1.15 7844 12 2.05 3210 8 1.80 8310 7 2.00 9111 6 3.00

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