Question

Inventory records show the following:
Series Unit Cost Count
Q $1,751.34 6
R $462.00 22
S $88.44 63
T $382.73 14
U $96.42 24
V $38.04 51
W $34.23 17

Use Table 1 to identify the best statement.

A. Items in series V and Q fall in the same category of an ABC analysis.
B. Items in series W and S fall in the same category of an ABC analysis.

C. Items in series W and Q fall in the same category of an ABC analysis.
D. Items in series S and V should be in the Class B of an ABC analysis.

Answer 1

Series | Unit cost Count Total cost % of total cost litem categor 29% A 28% A 15%) в 15%) в 6% в 5% B 2%) C Q$1,751.34 6 $10,508.04 $462.0022 $10,164.00 88.4463$5,571.72 382.7314 $5,358.22 $96.4224$2,314.08 $38.04 51 $1,940.04 34.2317$581.91 Option d Although S and V, ideally don't fall under same category but the boundaries of Class B and Class C items should be stretched for the same to happen. For all other options, it is not even remotely true