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Rubric, Inc. provided the following inventory transaction summary for May: 5 / 1 Purchased 2 0 0 units @ $ 3 . 0 0 per

Rubric, Inc. provided the following inventory transaction summary for May:
5/1 Purchased 200 units @ $3.00 per unit
5/15 Sold 40 units
5/21 Purchased 300 units @ $5.00 per unit
5/31 Purchased 40 units @ $10.00 per unit
In addition, it has been determined that Rubric's inventory at the beginning of the month was $400.00(200 units). What was Rubric's cost per unit at the end of May, using the moving average method?
$2.00
$4.00
$3.00
$6.00

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