Question: Pina, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,300. Pina will
Pina, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,300. Pina will group the CDs into three price categories for resale, as indicated below.
Pina, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,300. Pina will group the CDs into three price categories for resale, as indicated below.
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Determine the cost per CD for each group, using the relative sales value method.
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