Question: Garners World buys 1,000 computer game CDs from a distributor that is discontinuing those games. The purchase price for the lot is $7,500. Garners' World

Garners World buys 1,000 computer game CDs from a distributor that is discontinuing those games. The purchase price for the lot is $7,500. Garners' World will group the CDs into three price categories for resale, as follows:.

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

No. of CDs 100 800 100 Group Price per CD $ 5 10 15 5

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