Business, 05.03.2020 19:12 wolfgirl2431
CraftWare Inc., a furniture manufacturer, uses ABC analysis to define its inventory value. The inventory contains wood, cast iron, adhesive, and carbon fiber. If wood accounts for 50 percent of the items and 5 percent of the total dollar value; carbon fiber accounts for 10 percent of the items and 60 percent of the total dollar value; cast iron accounts for 25 percent of the items and 18 percent of the total dollar value; and adhesive accounts for 15 percent of the items and 17 percent of the total dollar value, can be classified as a class C item.
a. adhesive
b. carbon fiber
c. cast iron
d. wood
Answers: 3
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CraftWare Inc., a furniture manufacturer, uses ABC analysis to define its inventory value. The inven...
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