question archive Inventory items that belong in the A category include National has 10 different items in its inventory

Inventory items that belong in the A category include National has 10 different items in its inventory

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Inventory items that belong in the A category include National has 10 different items in its inventory. The average number of units held in inventory and the average unit cost are listed for each item. The firm uses an ABC system of inventory control Invty Item Control No. Ave. No. of Units Ave. Unit Cost 5,000 P 0.05 2,000 1.50 100 8.50 500 45.00 650 3.50 10,000 100.00 5,100 0.25 3,100 5.00 20 0.75 1,150 2.00 Items 1, 6, and 7. Items 1 and 7. Items 3 and 9. Items 4 and 6.

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