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Larkspur, Inc. buys 1,200 computer game CDs from a distributor who is discontinuing those games. The...

Larkspur, Inc. buys 1,200 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $8,200. Larkspur will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 1 200 $5 2 800 10 3 200 16 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 $

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