Question
Bell, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $11,400. Bell will
Bell, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $11,400. Bell will group the CDs into three price categories for resale, as indicated below Group No. of CDs Price per CD 1 200 $6 2 700 12 3 100 18 Determine the cost per CD for each group, using the relative sales value method. (Do not round ratios for computational purposes and round final answers to 2 decimal places, e.g. 5.85.) Group Cost per CD 1 $Entry field with incorrect answer now contains modified data 2 $Entry field with incorrect answer now contains modified data 3 $Entry field with incorrect answer now contains modified data
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