Swifty, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $7,000. Swifty will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 1. 300 $5 2. 800 10 3. 300 15Determine the cost per CD for each group using the relative sales value method (round to 2 decimal places)
Group 1 _________
Group 2 _________
Group 3 __________