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Brief Exercise 9-06 Whispering, Inc. buys 1,200 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is
Brief Exercise 9-06 Whispering, Inc. buys 1,200 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,500. Whispering will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 100 $5 900 200 15 10 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.) Cost per CD A Group 1 2 3 $ $ / $ A A
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