The following table contains data about the inventory for five items at Jones Corporation. Ending Unit Inventory 120,000 Item # 1 12345 2 3 4 5 Total Item # Beginning Unit Inventory 150,000 TOTAL 40,000 85,000 200,000 50,000 525,000 60,000 97,000 170,000 60,000 Annual Sales Revenue 507,000 Annual Unit Sales 480,000 269,000 350,000 206,000 136,000 1,441,000 Complete the ABC analysis of the five items that Jones Corporation carries in inventory. (Round your annual sales to the nearest dollar amount and other answers to 1 decimal place. Omit the "$" & "%" signs in your response.) Unit Cost % of Annual Sales Revenue $52.00 $18.00 $37.00 $3.00 $1.00 Cumulative % of Annual Sales Revenue Class A A B C с
The following table contains data about the inventory for five items at Jones Corporation. Ending Unit Inventory 120,000 Item # 1 12345 2 3 4 5 Total Item # Beginning Unit Inventory 150,000 TOTAL 40,000 85,000 200,000 50,000 525,000 60,000 97,000 170,000 60,000 Annual Sales Revenue 507,000 Annual Unit Sales 480,000 269,000 350,000 206,000 136,000 1,441,000 Complete the ABC analysis of the five items that Jones Corporation carries in inventory. (Round your annual sales to the nearest dollar amount and other answers to 1 decimal place. Omit the "$" & "%" signs in your response.) Unit Cost % of Annual Sales Revenue $52.00 $18.00 $37.00 $3.00 $1.00 Cumulative % of Annual Sales Revenue Class A A B C с
Chapter15: Retailing, Direct Marketing, And Wholesaling
Section15.2: Lowe’s Taps Technology For Retailing Edge
Problem 2C
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![The following table contains data about the inventory for five items at Jones Corporation.
Ending Unit
Inventory
120,000
60,000
97,000
170,000
60,000
Item #
12345
3
4
5
Total
Item #
Beginning Unit
Inventory
150,000
TOTAL
40,000
85,000
200,000
50,000
525,000
507,000
Annual Sales
Revenue
Annual Unit
Sales
480,000
269,000
350,000
206,000
136,000
1,441,000
Complete the ABC analysis of the five items that Jones Corporation carries in inventory.
(Round your annual sales to the nearest dollar amount and other answers to 1 decimal
place. Omit the "$" & "%" signs in your response.)
Unit Cost
% of Annual Sales
Revenue
$52.00
$18.00
$37.00
$3.00
$1.00
Cumulative % of
Annual Sales
Revenue
Class
A
A
B
C
C](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F844b4767-f4e7-4b03-b629-79f1c23f2300%2Fb04e12cc-ea08-4110-afb0-ac81a6f62f33%2Fne80vcm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following table contains data about the inventory for five items at Jones Corporation.
Ending Unit
Inventory
120,000
60,000
97,000
170,000
60,000
Item #
12345
3
4
5
Total
Item #
Beginning Unit
Inventory
150,000
TOTAL
40,000
85,000
200,000
50,000
525,000
507,000
Annual Sales
Revenue
Annual Unit
Sales
480,000
269,000
350,000
206,000
136,000
1,441,000
Complete the ABC analysis of the five items that Jones Corporation carries in inventory.
(Round your annual sales to the nearest dollar amount and other answers to 1 decimal
place. Omit the "$" & "%" signs in your response.)
Unit Cost
% of Annual Sales
Revenue
$52.00
$18.00
$37.00
$3.00
$1.00
Cumulative % of
Annual Sales
Revenue
Class
A
A
B
C
C
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