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inventory value

Of the inventory items listed below, which would probably be class A items if an associate organzied the list by ABC analysis?

Item # Quantity per year Unit Price
109 6 $1,000.00
083 400 0.25
062 10 10.00
122 1 280.00
030 10,000 3.00

a. item # 109 and 030
b. item # 083 and 030
c. item # 109, 062 and 030
d. item # 083, 062 and 030

I believe its b. 083 and 030

Solution Preview

Class A is 20% of the material in the inventory that represents 75% of the inventory value.
So these will be high cost items.

Item # Quantity per year Unit Price Total ...

Solution Summary

Question about inventory value

$2.19