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Business, 21.12.2019 02:31 kalibaby

Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. for a recent shipment, the company paid $1,800 and received 8,500 pieces of candy that are allocated among three groups. group 1 consists of 2,500 pieces that are expected to sell for $0.15 each. group 2 consists of 5,500 pieces that are expected to sell for $0.36 each. group 3 consists of 500 pieces that are expected to sell for $0.72 each. using the relative sales value method, what is the cost per item in group 1? a.$0.10.b. $0.12.c. $0.16.d. $0.23.

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