Question: Brief Exercise 9-6 Blue, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is

Brief Exercise 9-6 Blue, Inc. buys 1,500 computer game CDs from

Brief Exercise 9-6 Blue, Inc. buys 1,500 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,300. Blue will group the CDs into three price categories for resale, as indicated below Price per CD Group No. of CDs 300 $5 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.) value method. (Do not round ratios for Group Cost per CD

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