Determine the cost per cd for each group

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Exercise - Bell, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,400. Bell 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

14

3

200

21

Determine the cost per CD for each group, using the relative sales value method.

Reference no: EM131945512

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