Aluminum Cost Per Pound Calculator

Formula

To calculate the Aluminum Cost Per Pound (ACP):

\[ \text{ACP} = \frac{\text{TCA}}{\text{TWA}} \]

Where:

$\text{ACP}$ is the aluminum cost per pound ($/lb)
$\text{TCA}$ is the total cost of aluminum ($)
$\text{TWA}$ is the total weight of aluminum (lbs)

What is the Average Aluminum Cost Per Pound?

The average aluminum cost per pound refers to the cost of aluminum divided by its weight. As of 2022, the average aluminum cost per pound is $1.37[^1^]. This price can fluctuate based on factors such as the type of aluminum and the location of purchase.

Example Calculation 1

Let's assume the following values:

Total Cost of Aluminum ($\text{TCA}$) = $274
Total Weight of Aluminum ($\text{TWA}$) = 200 lbs

Using the formula:

\[ \text{ACP} = \frac{274}{200} = 1.37 \text{ per lb} \]

The Aluminum Cost Per Pound is $1.37 per lb.

Example Calculation 2

Let's assume the following values:

Total Cost of Aluminum ($\text{TCA}$) = $500
Total Weight of Aluminum ($\text{TWA}$) = 400 lbs

Using the formula:

\[ \text{ACP} = \frac{500}{400} = 1.25 \text{ per lb} \]

The Aluminum Cost Per Pound is $1.25 per lb.