Vaughn, Inc. buys 1,300 computer game CDs from a distributor who is discontinuing those games....
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Vaughn, Inc. buys 1,300 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $10,000. Vaughn will group the CDs into three price categories for resale, as indicated below.
Group
No. of CDs
Price per CD
1
100
$7
2
1,000
15
3
200
22
Determine the cost per CD for each group, using the relative sales value method
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