Martinez Auto Supplies has retail stores located in eight cities in California. The price they charge for a particular product in each city varies because of differing competitive conditions. For instance, the price they charge for a case of a popular brand of motor oil in each city follows. Also shown are the number of cases that Martinez Auto sold last quarter in each city. City Price ($) Sales (cases) Bakersfield $34.99 501 Los Angeles $38.99 1,425 Modesto $36.00 294 Oakland $33.59 882 Sacramento $40.99 715 San Diego $38.59 1,088 San Francisco $39.59 1,644 San Jose $37.99 819 Compute the average sales price per case for this product during the last quarter. Round your answer to two decimal places.

Martinez Auto Supplies has retail stores located in eight cities in California. The price they charge for a particular product in each city varies because of differing competitive conditions. For instance, the price they charge for a case of a popular brand of motor oil in each city follows. Also shown are the number of cases that Martinez Auto sold last quarter in each city. City Price ($) Sales (cases) Bakersfield $34.99 501 Los Angeles $38.99 1,425 Modesto $36.00 294 Oakland $33.59 882 Sacramento $40.99 715 San Diego $38.59 1,088 San Francisco $39.59 1,644 San Jose $37.99 819 Compute the average sales price per case for this product during the last quarter. Round your answer to two decimal places.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 18E

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City	Price ($)	Sales (cases)
Bakersfield	$34.99	501
Los Angeles	$38.99	1,425
Modesto	$36.00	294
Oakland	$33.59	882
Sacramento	$40.99	715
San Diego	$38.59	1,088
San Francisco	$39.59	1,644
San Jose	$37.99	819