The formula to calculate the Price Per Yard (PPyd) is:
\[ \text{PPyd} = \frac{\text{P}}{\text{L}} \]
Where:
Price Per Yard (PPyd) is a measure of the cost per unit length of a material or product. It is calculated by dividing the total price by the total length in yards. This metric is useful for comparing the cost efficiency of different products or materials sold by length.
Let's assume the following values:
Step 1: Calculate the Price Per Yard:
\[ \text{PPyd} = \frac{50}{10} = 5 \]
Therefore, the Price Per Yard is $5 per yard.