(L03) Bell, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The...

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(L03) Bell, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,000. Bell will group the CDs into three price categories for resale, as indicated below.

Group No. of CDs Price per CD 1 100 $ 5 2 800 10 3 100 15 Determine the cost per CD for each group, using the relative sales value method.

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