The following equation is used to calculate the Cost Per Board Foot:
\[ \text{CPBF} = \frac{C}{BF} \]
Where:
A cost per board foot is used to describe the price of one board foot of any material, but most often, the material is wood. This metric is useful in determining the cost efficiency and budgeting for material purchases in construction and woodworking projects.
Let's assume the following values:
Using the formula, we can calculate the cost per board foot:
\[ \text{CPBF} = \frac{200}{50} = 4 \]
So, the cost per board foot is $4.00 per bf.