To calculate the Cost Per Pound (CPP):
\[ CPP = \frac{C}{W} \]
Where:
A cost per pound, or cost-per-pound (CPP), is a term that is used to describe the costs associated with a specific weight or mass of an item. The cost per pound refers to the total costs associated with a single unit of weight and can be used in calculations that involve the production or transport of items based on their weight. When a company considers new projects, it often relies on CPP calculations to determine if the project will be profitable. This method is also used in other industries to determine how much it will cost for services such as waste management, where fees are based on the weight of trash being removed.
Let's assume the following values:
Using the formula:
\[ CPP = \frac{100}{50} = 2 \text{ per pound} \]
The cost per pound is $2.00.
Let's assume the following values:
Using the formula:
\[ CPP = \frac{250}{125} = 2 \text{ per pound} \]
The cost per pound is $2.00.