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Determine the cost per CD-for each group

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Question - Bell, Inc. buys-1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,000. Bell will group the CDs into three price categories for resale, as indicated below.

Group

No. of CDs

Price per CD

1

100

$5

2

800

10

3

100

15

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

Reference no: EM132590810

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