Solved on Nov 06, 2023

Calculate the cost per pound of a 75 oz pasta flour sold for $4.59. Round answer to 2 decimal places.
Step 1: Calculate the cost per ounce. Cost per ounce=$4.5975 oz\text{Cost per ounce} = \frac{\$4.59}{75 \text{ oz}}
Step 2: Convert the cost per ounce to cost per pound. Cost per pound=$4.5975 oz×16 oz/lb\text{Cost per pound} = \frac{\$4.59}{75 \text{ oz}} \times 16 \text{ oz/lb}

STEP 1

Assumptions1. The cost of75 ounces of pasta flour is $4.59. We need to find the cost per pound3.1 pound is equivalent to16 ounces

STEP 2

First, we need to find the cost per ounce. We can do this by dividing the total cost by the total ounces.
Costperounce=Totalcost/TotalouncesCost\, per\, ounce = Total\, cost / Total\, ounces

STEP 3

Now, plug in the given values for the total cost and total ounces to calculate the cost per ounce.
Costperounce=$.59/75Cost\, per\, ounce = \$.59 /75

STEP 4

Calculate the cost per ounce.
Costperounce=$4.59/75=$0.0612Cost\, per\, ounce = \$4.59 /75 = \$0.0612

STEP 5

Now that we have the cost per ounce, we need to convert this to cost per pound. We can do this by multiplying the cost per ounce by the number of ounces in a pound (16).
Costperpound=CostperouncetimesOuncesinapoundCost\, per\, pound = Cost\, per\, ounce \\times Ounces\, in\, a\, pound

STEP 6

Plug in the values for the cost per ounce and the ounces in a pound to calculate the cost per pound.
Costperpound=$0.0612times16Cost\, per\, pound = \$0.0612 \\times16

STEP 7

Calculate the cost per pound.
Costperpound=$0.0612times16=$0.9792Cost\, per\, pound = \$0.0612 \\times16 = \$0.9792

STEP 8

Finally, we need to round the cost per pound to2 decimal places.
Costperpound=$0.98Cost\, per\, pound = \$0.98The AP cost per pound of pasta flour is $0.98.

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