Louisa, the Owner of a Garden Supply Store Was Wondering

Louisa, the owner of a garden supply store was wondering if she could manage the inventory better. She has decided to develop an ABC classification system to help manage the inventory. The company's inventory consists of the following items:
$\begin{array}{|c|c|c|}\hline\text { Garden Tool } & \text { Cost } & \text { Quarterly Demand (units) } \\\hline \text { Shovel } & \$ 5.00 & 1,000 \\\hline \text { Edger } & \$ 25.00 & 6 \\\hline \text { Weeder } & \$ 6.00 & 400 \\\hline \text { Hose } & \$ 20.00 & 800 \\\hline \text { Cutters } & \$ 4.00 & 100 \\\hline \text { Sprinkler } & \$ 7.00 & 800 \\\hline \text { Hedge Trimmer } & \$ 5.00 & 5,000 \\\hline \text { Spreader } & \$ 15.00 & 6 \\\hline \text { Sprayer } & \$ 12.00 & 20 \\\hline \text { Clippers } & \$ 8.00 & 15 \\\hline\end{array}$
a.Compute the total dollar value of each of the ten inventory items. What is the total value of all the inventory items?
b.Which items should be declared "A" items? What percentage of total inventory value does "A" group represent? What percentage of the total number of inventory items does "A" group represent?
c.Which items should be declared "B" items? What percentage of total inventory value does "B" group represent? What percentage of the total number of inventory items does "B" group represent?
d.Which items should be declared "C" items? What percentage of total inventory value does "C" group represent? What percentage of the total number of inventory items does "C" group represent?