Price Per Ounce Calculator

Formula

To calculate the Price Per Ounce (PPO):

\[ PPO = \frac{TP}{TW} \]

Where:

$PPO$ is the Price Per Ounce in dollars per ounce ($/ounce)
$TP$ is the Total Price in dollars ($)
$TW$ is the Total Weight in ounces (ounces)

What is Price Per Ounce?

A price per ounce is defined as the total cost or price in dollars per unit of weight of good. The unit of weight in this case is ounces. This metric is commonly used in the sale of food, beverages, and other products where price per unit of weight is an important factor for consumers.

Example Calculation

Let's assume the following values:

Total Price ($TP$) = $10
Total Weight ($TW$) = 16 ounces

Using the formula:

\[ PPO = \frac{10}{16} = 0.625 \text{ dollars/ounce} \]

The Price Per Ounce is $0.63 per ounce (rounded to two decimal places).