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Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $2300 and received 7900

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Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $2300 and received 7900 pieces of candy that are allocated among three groups. Group 1 consists of 2350 pieces that are expected to sell for $0.15 each. Group 2 consists of 5200 pieces that are expected to sell for $0.27 each. Group 3 consists of 350 pieces that are expected to sell for $0.63 each. Using the relative sales value method, what is the cost per item in Group 2? $0.17. $0.29. 0 0 $0.73. $0.31

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