The formula to calculate the cost per brick (CPB) is:
\[ CPB = \frac{TC}{B} \]
Where:
Let's say the total cost (\( TC \)) is $500, and the number of bricks (\( B \)) is 1000. Using the formula:
\[ CPB = \frac{500}{1000} \]
We get:
\[ CPB = 0.50 \]
So, the cost per brick (\( CPB \)) is $0.50 per brick.
Cost per brick is a term used to describe the price of one brick. This term is used most often in construction to determine the cost efficiency of purchasing bricks for building projects.