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:

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