Question

Camping World is an American corporation specializing in selling recreational vehicles, recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in Lincolnshire, Illinois. Due to differing competitive conditions, the price that Camping World charges for their products varies in each city. The price they charge for a particular sleeping bag in each city (in dollars) is provided in the table below, along with the number of sleeping bags that Camping World sold last quarter in each city.

City	Price ($)	Number Sold
Myrtle Beach	46.99	609
Savannah	38.97	814
Little Rock	34.95	742
Cleveland	40.89	1150
Pittsburgh	54.98	925
Harrisburg	39.99	525
Charleston	47.57	464
Cincinnati	50.88	811

Calculate the average selling price per sleeping bag during the last quarter. (round your answer to 2 decimal places, using conventional rounding rules)

ANSWER: $  per sleeping bag

Answer 1

Answer is $ 44.45. (268482/6040).

Workings below

City	Price ($)	Number Sold	Product (price * qty)
Myrtle Beach	46.99	609	28,617
Savannah	38.97	814	31,722
Little Rock	34.95	742	25,933
Cleveland	40.89	1150	47,024
Pittsburgh	54.98	925	50,857
Harrisburg	39.99	525	20,995
Charleston	47.57	464	22,072
Cincinnati	50.88	811	41,264
Total		6040	268,482
Average selling price			44.45

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