When this expert answered this question the way he did, I understood. But with two answers, I was confused. If you observe, the question specifically states to round the dollar volume to the nearest whole number. For a (1,289) volume, the answer came out as a whole number, which is fine 1,365. However, for the $2,363 question, I'm perplexed by the expert's answer: 65 * 1.50 = 97.50, and he didn't round it, which he should have. To find the dollar volume percentage, we need to divide by 98/3219 * 100, and the answer is 3.04. Yet, the expert's answer was 97.50/3219 * 100, which resulted in 3.03. I'm unsure which answer is correct; please clarify this for me.

The expert did the same thing for the question with a (2,395) dollar volume. He calculated 25 * 2.25 = 56.25, and if he rounds to the nearest whole dollar, it should be 56. When I divide 56 by 3219 * 100, the answer came 1.74, but the expert's answer was 1.75 because he didn't round to the nearest whole number. Please provide clarification; thank you.

ABC is the classification is a method of sorting items in inventory based on their annual consumption value Explanation: Which is product of number of sold unit by the cost per unit Explanation: Items are classified into 3 types A,B,C depending on the total inventory value. Explanation: To classify the items in the table we need to calculate the dollar volume and percentage of dollars volume of each item. The dollar volume is a product of inventory levels and average value per unit. Dollarvolume = InvenTOry averAGe. value Explanation: The percentage of dollar volume is ratio of dollar volume of each itemto the total dollar volume of all items \%ofdollarsvolume =Totaldollarvolumedollarvolume100 1.Item code 1289 Dollar volume item code 1289=4203.25 =1,365 \%dollar volume =(3,2191,365)100 =42.40 Dollarvolume2363=651.50=97.50 %dollarvolume=(3,21997.50)100=3.03 Item code 2395 Dollarvolume2395=252.25=56.25 %dollarbol=(3,21956.25)100=1.75 Item code 8210; Dollar volume 8210=82.00 =16 %dollarvolume=(3,21916)100=0.50 L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) For the following three questions, consider only items 1289,2349 , and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics). Based on the percentages of dollar volume, item number 1289 should be classified as For the following three questions, consider only items 1289,2349 , and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics). Based on the percentages bf dollar volume, item number 1289 should be classified as Item number 2349 should be classified as Item number 8210 should be classified as