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Gamers' World buys 1,000 computer game CDs from a distributor that is discontinuing those games. The purchase price for the lot is $7,400, Gamers'
Gamers' World buys 1,000 computer game CDs from a distributor that is discontinuing those games. The purchase price for the lot is $7,400, Gamers' World will group the CDs into three price categories for resale, as follows: Number Price Group of CDs per CD 1 100 $6 2 800 10 3 100 14 Determine the cost per CD for each group, using the relative sales value method. (Round intermediate calculations and final answers to 2 decimal places, eg. 52.75) Cost per CD Group 1 $ Group 2 $ Group 3 $
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