Multiple Choice Question 86 Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $4300 and received 5900 pieces of candy that are allocated among three groups. Group 1 consists of 1750 pieces that are expected to sell for $0.15 each. Group 2 consists of 4000 pieces that are expected to sell for $0.48 each. Group 3 consists of 150 pieces that are expected to sell for $0.84 each. Using the relative sales value method, what is the cost per item in Group 1 $0.89 $0.28. $1.57