Enter the total weight and the cost per unit weight into the EP Cost Calculator (select the appropriate weight units). The calculator will evaluate and display the EP Cost.
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EP Cost Formula
The following formula is used to calculate the EP Cost.
EPC = W * CPW
- Where EPC is the EP Cost ($)
- W is the total weight (kg)
- CPW is the cost per unit weight ($/kg)
To calculate the EP cost, multiply the total weight by the cost per unit weight (make sure the weight unit used for W matches the unit used in CPW, e.g., kg with $/kg).
How to Calculate EP Cost?
The following example problems outline how to calculate EP Cost.
Example Problem #1:
- First, determine the total weight (kg). The total weight (kg) is given as 2.5.
- Next, determine the cost per unit weight ($/kg). The cost per unit weight ($/kg) is provided as 5.00.
- Finally, calculate the EP Cost using the equation above:
EPC = W * CPW
The values given above are inserted into the equation below:
EPC = 2.5 * 5 = 12.50 ($)
Example Problem #2:
The variables needed for this problem are provided below:
total weight (kg) = 6.00
cost per unit weight ($/kg) = 8.00
Entering these values and solving gives:
EPC = W * CPW = 48.00 ($)
