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Tamarisk Ltd. buys 1,100 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is 8,800. Tamarisk will
Tamarisk Ltd. buys 1,100 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is 8,800. Tamarisk will group the CDs into three price categories for resale, as indicated below (yen in thousands). Group No. of CDs Price per CD 1 110 5 2 880 10 3 110 15 Determine the cost per CD for each group, using the relative standalone sales value method. (Do not round ratios for computational purposes. Round final answers to O decimal places, e.g. 52,75.) Group Cost per CD 1 3 2 5 3 V 8
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