QUESTION 40 ABC Analysis By Current Inventory Value - Answer the multiple choice questions based on the table below. Item Item Cost ($) Current Current Percent of Total Number Inventory Inventory Value X (Units)= ($) Classification by Total Inventory Value ($) Inventory Value A110 12.00 150 14 B220 25.00 20 500 4 C330 2.25 2,300 5,175 D440 .75 800 600 5 E550 8.50 300 20 F660 .40 5,300 2,120 17 Total What is the total current inventory value in dollars of all item numbers? a. $13,745 Ob. $12,745 c. $11,745 Od. $10,745

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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QUESTION 40
ABC Analysis By Current Inventory Value - Answer the multiple choice questions based on the table below.
Item
Number
Item
Cost ($)
Current
Current
Inventory
Percent of Total
Inventory Value
X
|(Units) =
|($)
Classification by Total
Inventory Value ($) Inventory Value
A110
12.00
150
14
B220
25.00
20
500
4
C330
2.25
2,300
5,175
D440
.75
800
600
5
E550
8.50
300
20
F660
.40
5,300
2,120
17
Total
What is the total current inventory value in dollars of all item numbers?
a. $13,745
Ob. $12,745
-
c. $11,745
Od. $10,745
Transcribed Image Text:QUESTION 40 ABC Analysis By Current Inventory Value - Answer the multiple choice questions based on the table below. Item Number Item Cost ($) Current Current Inventory Percent of Total Inventory Value X |(Units) = |($) Classification by Total Inventory Value ($) Inventory Value A110 12.00 150 14 B220 25.00 20 500 4 C330 2.25 2,300 5,175 D440 .75 800 600 5 E550 8.50 300 20 F660 .40 5,300 2,120 17 Total What is the total current inventory value in dollars of all item numbers? a. $13,745 Ob. $12,745 - c. $11,745 Od. $10,745
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