Question
Use the ABC in excel in to perform an ABC analysis for the data provided in the Values ABC. Clearly explain why you classified items
Use the ABC in excel in to perform an ABC analysis for the data provided in the Values ABC. Clearly explain why you classified items as A, B, or C.
Projected Projected Cumulative Cumulative Cumulative
Item Usage Dollar Usage Dollar Percent Percent
Number Annual Unit Cost Annual Usage of Total of Items
13 9000 44.9 $404,100.00 $404,100 18.12% 5%
2 5000 67 $335,000.00 $739,100 33.14% 10%
7 6300 35.8 $225,540.00 $964,640 43.25% 15%
12 5800 35.62 $206,596.00 $1,171,236 52.51% 20%
19 6200 32.6 $202,120.00 $1,373,356 61.57% 25%
5 2700 51.75 $139,725.00 $1,513,081 67.84% 30%
1 1000 125 $125,000.00 $1,638,081 73.44% 35%
18 8500 10.2 $86,700.00 $1,724,781 77.33% 40%
6 4750 17.3 $82,175.00 $1,806,956 81.01% 45%
4 1600 42.9 $68,640.00 $1,875,596 84.09% 50%
11 820 82.6 $67,732.00 $1,943,328 87.13% 55%
20 2400 19.51 $46,824.00 $1,990,152 89.23% 60%
15 750 55.7 $41,775.00 $2,031,927 91.10% 65%
8 2400 14.6 $35,040.00 $2,066,967 92.67% 70%
3 1350 25.3 $34,155.00 $2,101,122 94.20% 75%
9 2000 15.4 $30,800.00 $2,131,922 95.58% 80%
14 8200 3.6 $29,520.00 $2,161,442 96.91% 85%
16 6000 4.5 $27,000.00 $2,188,442 98.12% 90%
17 3200 6.8 $21,760.00 $2,210,202 99.09% 95%
10 500 40.5 $20,250.00 $2,230,452 100.00% 100%
Total $2,230,452.00
Step by Step Solution
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Step: 1
An ABC analysis is a technique used to categorize items based on their importance or usage It is a t...Get Instant Access to Expert-Tailored Solutions
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