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Tamarisk, Inc. buys 1,100 computer game CDs from a distributor who is discontinuing those games....

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Accounting

Tamarisk, Inc. buys 1,100 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $6,000. Tamarisk will group the CDs into three price categories for resale, as indicated below.

Group

No. of CDs

Price per CD

1

 100 $5

2

 700 10

3

 300 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

$enter a dollar amount rounded to 2 decimal places

2

$enter a dollar amount rounded to 2 decimal places

3

$enter a dollar amount rounded to 2 decimal places

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