Cost Per Bushel of Corn Calculator

Formula

The formula to calculate the Cost Per Bushel of Corn (CBC) is:

\[ CBC = \frac{TC}{\left(\frac{W}{56}\right)} \]

Where:

Cost Per Bushel of Corn: The cost per 56 pounds of corn, which is the standard weight for a bushel of shelled corn.
Significance: Helps in determining the cost efficiency of purchasing corn in bulk.

Let's say the total cost of the corn lot (TC) is $500 and the weight of the corn purchased (W) is 2800 lbs. Using the formula:

\[ CBC = \frac{500}{\left(\frac{2800}{56}\right)} = 10 \]

So, the cost per bushel of corn (CBC) is $10.