The Welsh Corporation uses 13 key components in one of its manufacturing plants. The data are provided in the table below. Item Cost Annual Demand SKU WC007 $0.70 300 WC008 $1.50 16,000 WC219 $0.60 10,200 WC397 $5.60 14,500 WC419 $1.10 5,000 WC654 $3.20 620 WC713 $7.65 1,400 WC887 $1.20 5,500 WC916 $3.60 700 WC971 $6.90 3,000 WC532 $2.30 5,200 WC413 $0.75 17,800 WC759 $7.65 400 Consider the ABC classification cutoffs provided in the table below. ABC classification cutoffs A B C 70% 90% 100% Use the ABC Excel template in MindTap to perform an ABC analysis. Do not round intermediate calculations. Round your answers to two decimal places. ABC classification cutoffs A B C 70% 90% 100% Use the ABC Excel template in MindTap to perform an ABC analysis. Do not round intermediate calculations. Round your answers to two decimal places. Projected Dollar Usage Cumulative Dollar Cumulative Percent Cumulative Percent ABC SKU Annual Usage of Total of Items Classification WC397 < $ $ % A wcoon v $ $ % A WC971 v $ $ % A WC413 $ $ B WC532 v $ $ % B WC713 $ $ % B WC887 $ $ % % WC219 v $ $ % % C WC419 v $ $ % C WC759 v $ $ % 56 C 3 WC916 v $ $ % % c WC654 v $ $ % % C v WC007 210 $ 100 % 100 % c