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Bell, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8000. Bell Inc
Bell, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8000. Bell Inc will group the CDs into three price categories for resale, as indicated below: Group No. of CDs Prices Per CD 1 100 $5.00 2 800 $10.00 3 100 $15.00 Determine the cost per CD for each group using the relative sales value method (round to 2 decimal places) Group 1 _________ Group 2 _________ Group 3 __________
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