You are given the following information of a company regarding material S: Material | % in total units | % in total cost S | 5% | 40% This material will be classified in ABC analysis of inventory control as:

CS Executive · Cost and Management Accounting · PYQS · December 2020
You are given the following information of a company regarding material S: Material | % in total units | % in total cost S | 5% | 40% This material will be classified in ABC analysis of inventory control as:
(A) A item
(B) B item
(C) C item
(D) Z item

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Material Costing

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