Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following information, you need to conduct an ABC analysis on the number of items sold versus the annual value of usage. of Uniti

image text in transcribed
image text in transcribed
Given the following information, you need to conduct an ABC analysis on the number of items sold versus the annual value of usage. of Uniti Sold 20 GE? 135 415 11.11 3223233228 LI 15 577 20 539 FC 2.46 12291 TE A10 22 FU 0.00 12.54 2.54 64 11.08 550 Note: you need to make a two-dimensional array as below and specify corresponding items for each cell. Then it would help if you discussed strategic versus non-strategic things. Then interpret and discuss the findings for each cell of the below table. For instance, what would be your suggestion regarding the B-C items? But you need to discuss all cells. Your discussion should be like a brief report to your manager. The threshold for A categories is 80%, B category is 15%, and C category is 5%. Tip: You need to open an excel file. And copy the items twice. Regarding the value analysis, you must first determine the total annual value (NO times Unit Cost) and then sort things based on the yearly value in descending order. In the second table, you need to sort the items in descending order and conduct the ABC analysis for the quantity analysis. Tip: Once you complete the ABC analysis separately for quantity and annual usage value, you complete the below table as we exercised in class. Value B B Quantity C Given the following information, you need to conduct an ABC analysis on the number of items sold versus the annual value of usage. of Uniti Sold 20 GE? 135 415 11.11 3223233228 LI 15 577 20 539 FC 2.46 12291 TE A10 22 FU 0.00 12.54 2.54 64 11.08 550 Note: you need to make a two-dimensional array as below and specify corresponding items for each cell. Then it would help if you discussed strategic versus non-strategic things. Then interpret and discuss the findings for each cell of the below table. For instance, what would be your suggestion regarding the B-C items? But you need to discuss all cells. Your discussion should be like a brief report to your manager. The threshold for A categories is 80%, B category is 15%, and C category is 5%. Tip: You need to open an excel file. And copy the items twice. Regarding the value analysis, you must first determine the total annual value (NO times Unit Cost) and then sort things based on the yearly value in descending order. In the second table, you need to sort the items in descending order and conduct the ABC analysis for the quantity analysis. Tip: Once you complete the ABC analysis separately for quantity and annual usage value, you complete the below table as we exercised in class. Value B B Quantity C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones Of Managerial Accounting

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

4th Edition

978-0538473460, 0538473460

More Books

Students also viewed these Accounting questions

Question

Why are costs estimated for individual jobs? (LO 1, 2)

Answered: 1 week ago