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2. Assume a company sold the following items in January for $10 each: 1 item on January 3 with a unit cost of $5 1

2. Assume a company sold the following items in January for $10 each: 1 item on January 3 with a unit cost of $5 1 item on January 15 with a unit cost of $5.50 1 item on January 22 with a unit cost of $6.50 What is the cost per unit for January assuming the weighted average method? a. $5.67 b. $5.50 c. $5 d. $6.50

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