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Windsor, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,400. Windsor will
Windsor, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,400. Windsor will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 1 200 $7 2 1,000 15 3 300 22
* Your answer is incorrect. Try again. Windsor, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,400. Windsor will group the CDs into three price categories for resale, as indicated below. Price per Group No. of CDs CD 200 $7 1,000 15 2 3 300 22 Determine the cost per CD for each group, using the relative sales value method. (Do not round ratios for computational purposes. Round final answers to 2 decimal places, e.g. 5.85.) Group Cost per CD | 6.93 $ N 6.93 6.93 ta Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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