Candle Pricing Calculator

Formula

The formula to calculate the Candle Pricing (CP) is:

\[ CP = CC + \left( CC \times \frac{DM}{100} \right) \]

Where:

Candle Pricing (CP): The total price of the candle.
Candle Cost (CC): The cost to produce the candle.
Desired Margin (DM): The desired profit margin as a percentage of the candle cost.

Let's say the candle cost (CC) is $10 and the desired margin (DM) is 50%. Using the formula:

\[ CP = 10 + \left( 10 \times \frac{50}{100} \right) \]

We get:

\[ CP = 15 \, \text{\$} \]

So, the candle pricing is $15.