Benke Ltd buys 1,000 computer game CDs from a distributor who is discontinuing those games The purchase price for the lot is yen 8,000 Benke will group the CDs into three price categories for resale, as indicated below (yen in thousands) Determine the cost per CD for each group, using the relative ...

Group Number of CDs Sales Price per CD Total Sales Price Relat ...

Benke Ltd. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase

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Benke Ltd. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is ¥8,000. Benke will group the CDs into three price categories for resale, as indicated below (yen in thousands).

Group No. of CDs Price per CD 100 800 100 15 2. 3.

Determine the cost per CD for each group, using the relative standalone sales value method.

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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Nov 23, 2017 08:35 AM

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Benke Ltd. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase

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Group No. of CDs Price per CD 100 800 100 15 2. 3.

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Group Number of CDs Sales Price per CD Total Sales Price Relat...View the full answer

Intermediate Accounting IFRS

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