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The following table contains data about the inventory for five items at Jones Corporation. Ending Unit Inventory 350,000 83,000 120,000 400,000 83,000 1,036,000 Item #
The following table contains data about the inventory for five items at Jones Corporation. Ending Unit Inventory 350,000 83,000 120,000 400,000 83,000 1,036,000 Item # 1 2 3 4 5 Total Item # Beginning Unit Inventory Total 380,000 63,000 108,000 430,000 73,000 1,054,000 Complete an ABC analysis of the five items that Jones Corporation carries in inventory. Rank-order each item (row) based on "% of Annual Sales Revenue" in descending order. (Round your annual sales to the nearest dollar amount and other answers to 1 decimal place.) Annual Sales Revenue $ 0 % of AnnualSales Revenue 0 Annual Unit Sales 592,000 139,000 176,000 302,000 280,000 1,489,000 % % % % % Unit Cost $ 16 $ 53 $ 4 $9 $ 1 Cumulative% of Sales % % % % % Class
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