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Marigold, Inc. buys 1,300 video game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,000. Marigold will
Marigold, Inc. buys 1,300 video game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,000. Marigold will group the CDs into three price categories for resale, as indicated below. Group No. of CDs 1 2 3 Group 1 2 3 $ 200 Determine the cost per CD for each group, using the relative sales value method. (Do not round ratios for computational purposes. Round answers to 2 decimal places, e.g. 15.25.) 6A 1,000 100 Price per CD $5 10 Cost per CD 15 Marigold, Inc buys 1,300 video game CDs from a distributor who is discontinuing those games. The purchase price for the lot is: $8,000 Marigold will group the CDs into three price categorfes for resale, as tindicated below. Determine the cost per CD for eacbgroup, using the relative sales value method. (Do pot round ratlos for computational purposex. Round onswers to 2 decimal ploces, es. 15.25
Marigold, Inc. buys 1,300 video game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,000. Marigold will group the CDs into three price categories for resale, as indicated below. Group No. of CDs 1 2 3 Group 1 2 3 $ 200 Determine the cost per CD for each group, using the relative sales value method. (Do not round ratios for computational purposes. Round answers to 2 decimal places, e.g. 15.25.) 6A 1,000 100 Price per CD $5 10 Cost per CD 15
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