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2.2.The following table contains data about the inventory for five items at Jones Corporation.Complete the missing items in the table.
3.3.Suppose Jones Corporation in the above problem determined that its annual inventory carrying cost = 18 percent.The item unit cost was as follows:
Item 1 = $25.00
Item 2 = $60.00
Item 3 = $5.00
Item 4 = $10.00
Item 5 = $1.00
Compute the dollar values for the information in the above table, determine the annual inventory carrying cost for each item, and the total annual inventory carrying cost.