The data for 20 inventoried items of a small company has been collected in the Microsoft Excel Online file below. Consider the ABC classification cutoffs provided in the table below.

ABC classification cutoffs
A	80%
B	95%
C	100%

Open the spreadsheet and perform the ABC analysis to answer the questions below.

Open spreadsheet

Questions

1. Calculate the cumulative percent of total dollar usage and choose the appropriate ABC category for each item. Round your answers to two decimal places.

Item	Cumulative Percent	ABC
Number	of Total	Classification
5		ABC
9		ABC
12		ABC
1		ABC
17		ABC
11		ABC
7		ABC
3		ABC
2		ABC
18		ABC
14		ABC
16		ABC
6		ABC
13		ABC
15		ABC
10		ABC
4		ABC
8		ABC
19		ABC
20		ABC

2. What is the total projected annual dollar usage? Round your answer to the nearest dollar.

$ fill in the blank 42

3. Complete the following table by entering the number of items in each category and their percentage of total number of items under ABC classification. Round your answers to the nearest whole number.

Classification	Number of items	Percentage
A
B
C