Choose cost per pound, total cost, or weight from budget, then enter the two labeled values. USD costs use avoirdupois pounds, with ounce and kilogram comparisons.
Cost Per Pound Formula
The following equation is used to calculate the Cost Per Pound.
- Where CPP is the cost per pound ($/lb)
- C is the total cost ($)
- W is the weight (lbs)
To calculate the cost per pound of any object, divide the cost of the object by its weight in pounds.
What is a Cost Per Pound?
Definition:
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.
Cost per pound supports cost comparisons, but does not by itself determine profitability. Weight-based services such as waste management may also have minimum charges and other fees. The calculator assumes a continuous weight at the entered unit price and adds no unentered costs.
How to Calculate Cost Per Pound?
Example Problem:
The following example outlines the steps and information needed to calculate Cost Per Pound.
First, determine the cost of the object. In this case, the object is a piece of metal and has a cost of $100.00.
Next, determine the weight of the object. This piece of metal is measured to have a weight of 4 pounds.
Finally, calculate the cost per pound using the formula above:
CPP = C / W
CPP =$100 / 4
CPP = $25/lb
