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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 $ 8,000. Gamers
Gamers World buys 1,000 computer game CDs from a distributor that is discontinuing those games. The purchase price for the lot is $ 8,000. Gamers World will group the CDs into three price categories for resale, as follows:
Group | Number of CDs | Price per CD | ||||
---|---|---|---|---|---|---|
1 | 100 | $ 5 | ||||
2 | 800 | 10 | ||||
3 | 100 | 15 |
Determine the cost per CD for each group, using the relative sales value method. (Round intermediate calculations and final answers to 2 decimal places, e.g. 52.75.)
Cost per CD | ||
---|---|---|
Group 1 | $ enter a dollar amount | |
Group 2 | $ enter a dollar amount | |
Group 3 | $ enter a dollar amount |
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