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At May 1,2020, Concord Compary had beginning inventory consisting of 200 units with a unit cost of $5.40. During May, the company purchased inventory as

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At May 1,2020, Concord Compary had beginning inventory consisting of 200 units with a unit cost of \$5.40. During May, the company purchased inventory as follows: 870 units at $5.40 530 units at $7.00 The company sold 1160 units during the month for $14 per unit. Concord uses the average cost method, The average cost per unit for May is $5.900. $5.400. $6.400. $5.930

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