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Blossom, Inc. buys 1,200 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $6,500. Blossom will

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Blossom, Inc. buys 1,200 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $6,500. Blossom will group the CDs into three price categories for resale, as indicated below. Price per CD Group 1 $5 No. of CDs 100 900 200 2 10 3 15 Determine the cost per CD for each group, using the relative sales value method. (Do not round ratios for computational purposes. Round final answers to 2 decimal places, e.g. 5.85.) Group Cost per CD 1 $ N 3 $

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