Question: Harriet has been told about an ABC inventory analysis She has accumulated the following annual figures for her flower shop: roses $10,000; ribbon. $100; bud vases, $1,000; pins. $15. glass bowls. $500; ceramic pots. $3,000; wrapping paper, $250; and carnations, $5, 500.
a. Using the percentage of" total inventory costs, if these were her total inventory costs, what items should be classified as A items?
b. What items are C items?