The formula to calculate the lumber price is:
\[ \text{LP} = \text{PPB} \times \text{BF} \]
Where:
Lumber price refers to the total cost of purchasing a specified amount of lumber, measured in board feet. This cost is determined by multiplying the price per board foot by the total number of board feet purchased. Understanding lumber price is essential for budgeting and planning in construction and woodworking projects.
Let's assume the following values:
Using the formula:
\[ \text{LP} = 3.50 \times 200 = 700 \text{ \$} \]
The Lumber Price is $700.
Let's assume the following values:
Using the formula:
\[ \text{LP} = 4.25 \times 150 = 637.50 \text{ \$} \]
The Lumber Price is $637.50.