CD

Windsor, Inc. buys 1,300 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $5,500. Windsor will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 1 200 $5 2 1.000 10 3 100 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, eg: 5.85.) Group Cost per CD 1 $ $ 3