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Items 1,2 and 6 B Items 3,5 and 9 C Items 10 D Items 2 and 6 Star Corporation has ten different items in its
Items 1,2 and 6
B
Items 3,5 and 9
C
Items 10
D
Items 2 and 6
Star Corporation has ten different items in its finished goods inventory. The average number of units held in inventory and the average unit cost are listed for each item. The firm uses an ABC system of inventory control. Average Number Average Cost Item of Units in Inventory Per Unit 1 3,000 $ 1.50 2 500 10.00 3 4,000 12.00 4 50 40.00 5 10,000 5.00 6 340 15.00 1,500 3.00 8 460 30.00 9 2,500 25.00 10 390 4.10 Which items should be considered to be in the A category of an ABC system of inventoryStep by Step Solution
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