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Cost Per Ingredient Calculator

Formula

To calculate the Cost Per Ingredient:

$CPI = \frac{TC}{I}$

Where:

$CPI$ is the Cost Per Ingredient (\$/ingredient)
$TC$ is the total cost (\$)
$I$ is the number of ingredients

What is Cost Per Ingredient?

The Cost Per Ingredient (CPI) is a measure of the cost attributed to each individual ingredient in a recipe or a mixture. It is calculated by dividing the total cost by the number of ingredients.

Example Calculation

Let's assume the following values:

Total Cost $TC$ = \$50
Number of Ingredients $I$ = 5

Step 1: Divide the total cost by the number of ingredients:

$CPI = \frac{50}{5} = 10 \text{ dollars per ingredient}$