(Solution) 12.1 L. Houts Plastics Is A Large Manufacturer Of Injectionmolded Plastics In North Carolina. An Investigation Of The Company's Manufacturing | Snapessays.com


(Solution) 12.1 L. Houts Plastics is a large manufacturer of injectionmolded plastics in North Carolina. An investigation of the company's manufacturing


excel 12.112.1

 

L. Houts Plastics is a large manufacturer of injectionmolded

 

plastics in North Carolina. An investigation of the company’s

 

manufacturing facility in Charlotte yields the information

 

presented in the table below. How would the plant classify these

 

items according to an ABC classification system?

 

L. Houts Plastics Charlotte Inventory Levels

 

Item Code #

 

Average Inventory (units)

 

Value ($/unit)

 

1289

 

400

 

3.75

 

2347

 

300

 

4.00

 

2349

 

120

 

2.50

 

2363

 

75

 

1.50

 

2394

 

60

 

1.75

 

2395

 

30

 

2.00

 

6782

 

20

 

1.15

 

7844

 

12

 

2.05

 

8210

 

8

 

1.80

 

8310

 

7

 

2.00

 

9111

 

6

 

3.00

 


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This question was answered on: May 23, 2022

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