Question 2 2 Points The following information was available from the inventory records of Queen Company for July 4.png Date Units Unit cost Total cost July 1 Beg. Inventory 30,000 2.25 67,500 July 6 Purchases 20,000 2.55 51,000 July 26 Purchases 27,000 2.60 70,200 Total 77,000 units 188,700 A physical count of merchandise inventory on July 31 reveals that there are 12,000 units on hand. Assume a periodic inventory system is used, Average cost per unit is A) 2.45 B 2.25 2.55 D 2.60