The price for a loaf of bread in April was $1.23, in May the price was $1.22, and in June the price was $1.08. If 2/3 as much bread was sold in April as in May, and twice as much was sold in June as in April, what was the average price for a loaf of bread sold during the three-month period?	Choose the correct choice from the following answers.
A) $1.16
B) $1.15
C) $1.14
D) $1.13
E) $1.12
Let x be the number of loaves sold in May.   Then 2x/3 loaves were sold in April and 4x/3 loaves were sold in June.   The average price was (2x/3)(123) + 122x + (4x/3)(108) / (2x/3 + x + 4x/3) =   (82 + 122 + 144) / (3) = 348/3 = $1.16   The answer is $1.16.
<result>A</result>
The price for a loaf of bread in April was $1.23, in May the price was $1.22, and in June the price was $1.08. If 2/3 as much bread was sold in April as in May, and twice as much was sold in June as in April, what was the average price for a loaf of bread sold during the three-month period?