The inventory records for Raymond Co. reflected the following:

12. The inventory records for Raymond Co. reflected the following: Beginning Inventory @ May 1 st 200 units @ $1.00 First Purchase @ May 7th 300 units @ $1.10 Second Purchase @ May 17th 400 units @ $1.20 Third Purchase @ May 23rd 100 units @ $1.30 What is the weighted average cost per unit for May? O A. $1.22 O B. $1.15 O C. $1.14 O D. $1.31