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Determine the cost per CD for each group

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Question - Tamarisk, Inc. buys 1,100 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $6,000. Tamarisk will group the CDs into three price categories for resale, as indicated below.

Group

No. of CDs

Price per CD

1

100

$5

2

700

10

3

300

15

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

Reference no: EM132833654

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