Perform ABC analysis for the following products:
Item
Volume
(units/ year)
Cost
($/unit)
Annual $
Volume
A
700
1
700
B
70
15
1050
C
965
4
3860
D
514
5
2570
E
20
15
300
F
770
32
24640
G
608
29
17632
H
513
2
1026
I
578
10
5780
J
199
2
398
57956
please, try to explain how can get...
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General Management
Perform ABC analysis for the following products:
Item
Volume
(units/ year)
Cost
($/unit)
Annual $
Volume
A
700
1
700
B
70
15
1050
C
965
4
3860
D
514
5
2570
E
20
15
300
F
770
32
24640
G
608
29
17632
H
513
2
1026
I
578
10
5780
J
199
2
398
57956
please, try to explain how can get the answer without usedexcel
Answer & Explanation
Solved by verified expert
4.1 Ratings (714 Votes)
Total Annual Value 57956 Total unitsyear 4937 Let us now calculate the contribution of each item to Annual Vaule Annual Value of itemTotal Annual Value A 70057956 121 B 181 C 666 D 443 E 052 F 4252 G 3042 H
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