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What is the cost per item in group two

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Question - Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $2,000 and received 6,100 pieces of candy that are allocated among three groups. Group 1 consists of 1,810 pieces that are expected to sell for $0.15 each. Group 2 consists of 4,120 pieces that are expected to sell for $0.46 each. Group 3 consists of 170 pieces that are expected to sell for $0.82 each. Using the relative sales value method, what is the cost per item in Group 2?

Reference no: EM133096481

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