Question: Brief Exercise 9-6 Indigo, Inc. buys 1,300 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is

Brief Exercise 9-6 Indigo, Inc. buys 1,300 computer game CDs from

Brief Exercise 9-6 Indigo, Inc. buys 1,300 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,400. Indigo will group the CDs into three price categories for resale, as indicated below. Price per Group No. of CDs CD 200 1,000 100 :5 16 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.) Group Cost per CD

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