You own Souvenir Gallore, a souvenir shop on Lane Avenue. You would like to do an ABC analysis based on annual dollar usage. You sell the following list of retail items in your store. Annual demand Items Unit cost (units) Greeting cards 10,000 $1.50 Key chains 975 $15.50 Candleholders 700 $35.00 Caps 775 $19.50 Calendars 350 $32.00 Watches 380 $25.00 The annual dollar usage of watches is $ and the ABC class that watches belong to is ?
You own Souvenir Gallore, a souvenir shop on Lane Avenue. You would like to do an ABC analysis based on annual dollar usage. You sell the following list of retail items in your store. Annual demand Items Unit cost (units) Greeting cards 10,000 $1.50 Key chains 975 $15.50 Candleholders 700 $35.00 Caps 775 $19.50 Calendars 350 $32.00 Watches 380 $25.00 The annual dollar usage of watches is $ and the ABC class that watches belong to is ?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Question 1
1-pts
You own Souvenir Gallore, a souvenir shop on Lane Avenue. You would like to do an
ABC analysis based on annual dollar usage. You sell the following list of retail items in
your store.
Annual demand
Items
Unit cost
(units)
Greeting cards
10,000
$1.50
Key chains
975
$15.50
Candleholders
700
$35.00
Caps
775
$19.50
Calendars
350
$32.00
Watches
380
$25.00
The annual dollar usage of watches is $
and the ABC class that
watches belong to is
G Search or type URL
23
2$
&
3
7
8.
E
R
T
Y
U
< CO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F97a4bcd0-ffa9-43f7-9d3d-d09c560d94e5%2Fd8da318c-7405-4044-a0b9-95699ead9dac%2Fvzarou_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 1
1-pts
You own Souvenir Gallore, a souvenir shop on Lane Avenue. You would like to do an
ABC analysis based on annual dollar usage. You sell the following list of retail items in
your store.
Annual demand
Items
Unit cost
(units)
Greeting cards
10,000
$1.50
Key chains
975
$15.50
Candleholders
700
$35.00
Caps
775
$19.50
Calendars
350
$32.00
Watches
380
$25.00
The annual dollar usage of watches is $
and the ABC class that
watches belong to is
G Search or type URL
23
2$
&
3
7
8.
E
R
T
Y
U
< CO
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