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Bell, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,200. Bell will
Bell, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,200. Bell will group the CDs into three price categories for resale, as indicated below
Group | No. of CDs | Price per CD |
---|---|---|
1 | 300 | $6 |
2 | 1000 | $12 |
3 | 200 | $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 | |
2 | |
3 |
Please show me how to get to the answer instead of just giving me the answer.
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