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Business, 02.04.2021 03:30 davelopez979

Storage Craft Inc., a cabinet manufacturer, employs ABC analysis to define their inventory value. The inventory contains wood, copper, adhesive, and carbon fiber. If carbon fiber accounts for 10 percent of the items and 55 percent of the total dollar value; adhesive accounts for 50 percent of the items and 7 percent of the total dollar value; copper accounts for 25 percent of the items and 18 percent of the total dollar value; and wood accounts for 15 percent of the items and 20 percent of the total dollar value, can be classified as a class C item.

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