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Flight of the Navigator, Inc. buys 500 vintage Beach Boys records from a distributor for a total cost of $60,000. Two types of records are
Flight of the Navigator, Inc. buys 500 vintage Beach Boys records from a distributor for a total cost of $60,000. Two types of records are purchased, each with varying expected sales prices, as indicated below: What will be Flight of the Navigator's historical cost per record for the Surfin' USA records purchased (based on the relative sales value method)? Enter your answer as a positive number below
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