Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $3400 and received 6800 pieces of candy that are allocated among three groups. Group 1 consists of 2020 pieces that are expected to sell for $0.15 each. Group 2 consists of 4540 pieces that are expected to sell for $0.39 each. Group 3 consists of 240 pieces that are expected to sell for $0.75 each. Using the relative sales value method, what is the cost per item in Group 1 ? $0.23. $0.50. $0.59. $1.13