Question: Current Attempt in Progress Coronado, Inc. buys 1.000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot
Current Attempt in Progress Coronado, Inc. buys 1.000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $9,500. Coronado will group the CDs into three price categories for resale, as indicated below. Group 1 2 3 No. of CDs 100 800 100 Price per CD $5 10 15 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 1 $ 2 $ 3 $ eTextbook and Media Sive for Later Attempts: unlimited Submit
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