Q2 Taylor Bashir Ltd uses a range of raw materials in its production of metal filing cabinets, including a bought in metal handle components. Because of a shortage of the grade of metal used in the component prices have tended to rise rapidly. During September 20x5 the following deliveries into stock and transfers to production of metal handles take place: 1 Sept Balance of stock @ 2.70 per unit 130 6 Sept Transfer to production 60 7 Sept Delivery of stock @ 2.90 per unit 18 Sept Transfer to Production 30 40 85 26 Sept Delivery of stock @ 2.96 per unit What is the value of closing stock per unit, assuming that the company adopts the AVCO valuation convention (to the nearest penny)? A. 2.96 B. 2.85 C. 2.77 D. 2.87 w