Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item Annual Demand Cost/Unit Dollar Volume % of Total Dollar Volume A2 250 20 20 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 E9 1000 20 20,000 2.31 F3 60 150 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 300 J8 2500 5 12,500 1.45
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item Annual Demand Cost/Unit Dollar Volume % of Total Dollar Volume A2 250 20 20 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 E9 1000 20 20,000 2.31 F3 60 150 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 300 J8 2500 5 12,500 1.45
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
![Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the
following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
Item
Annual Demand Cost/Unit
Dollar
Volume
% of Total Dollar
Volume
A2
250
20
20
B8
4000
12
48,000
5.56
C7
1500
45
67,500
7.81
D1
150
2000
E9
1000
20
20,000
2.31
F3
60
150
G2
200
1500
300,000
34.72
H2
600
20
12,000
1.39
15
300
300
J8
2500
5
12,500
1.45](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F37e2f913-30b2-4c8c-98d5-339163057ff1%2F7621dcdd-555c-4e42-bc7d-b185a77d1367%2F17t33h9_processed.png&w=3840&q=75)
Transcribed Image Text:Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the
following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
Item
Annual Demand Cost/Unit
Dollar
Volume
% of Total Dollar
Volume
A2
250
20
20
B8
4000
12
48,000
5.56
C7
1500
45
67,500
7.81
D1
150
2000
E9
1000
20
20,000
2.31
F3
60
150
G2
200
1500
300,000
34.72
H2
600
20
12,000
1.39
15
300
300
J8
2500
5
12,500
1.45
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