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Question 45 (17.5 points) Melanie runs a local pizzeria and has recently been reading up on the benefits of inventory control. Melanie has asked you
Question 45 (17.5 points) Melanie runs a local pizzeria and has recently been reading up on the benefits of inventory control. Melanie has asked you to analyze the monthly usage of goods using the ABC inventory method a) Show the value and % Total Value for each item (You will need to create a list and show the value and % Total Value for each in the space provided below): (7.5 Marks) Value % Total value Item Cheese Flour Meats Olive Oil Green Olives Black Olives Mushrooms Tomato Sauce Red Onion Green Pepper Monthly Usage Unit Cost 75,000 lbs $6.35 60.000 lbs $0.25 39,000 lbs $5.50 15,000 pints $5.00 15,000 lbs $3.85 1,800 lbs $6.00 12,000 lbs $1.25 21,000 gallons $3.25 4.800 lbs $2.00 6,000 lbs $1.50 Totals b) Show your A-B-C Item names for each Classification in the space below
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