Candle Pricing Calculator
Definitions
- Candle Pricing (CP): The total price of the candle.
- Candle Cost (CC): The cost to produce the candle.
- Desired Margin (DM): The desired profit margin as a percentage of the candle cost.
Example
Let's say the candle cost (CC) is $10 and the desired margin (DM) is 50%. Using the formula:
\[
CP = 10 + \left( 10 \times \frac{50}{100} \right)
\]
We get:
\[
CP = 15 \, \text{\$}
\]
So, the candle pricing is $15.
Extended information about "Candle-Pricing-Calculator"
Candle Making Cost Calculator
Formula: \( C = \frac{M + L + W + F}{N} \)
- \( C \): Cost per candle
- \( M \): Cost of materials
- \( L \): Labor cost
- \( W \): Cost of wicks
- \( F \): Cost of fragrance
- \( N \): Number of candles made
Example: \( C = \frac{50 + 20 + 10 + 5}{10} \)
- Materials: $50
- Labor: $20
- Wicks: $10
- Fragrance: $5
- Number of candles: 10
Calculator for Candle Making
Formula: \( C = \frac{M + L + W + F}{N} \)
- \( C \): Cost per candle
- \( M \): Cost of materials
- \( L \): Labor cost
- \( W \): Cost of wicks
- \( F \): Cost of fragrance
- \( N \): Number of candles made
Example: \( C = \frac{60 + 25 + 15 + 10}{15} \)
- Materials: $60
- Labor: $25
- Wicks: $15
- Fragrance: $10
- Number of candles: 15
Average Cost to Make a Candle
Formula: \( C = \frac{M + L + W + F}{N} \)
- \( C \): Cost per candle
- \( M \): Cost of materials
- \( L \): Labor cost
- \( W \): Cost of wicks
- \( F \): Cost of fragrance
- \( N \): Number of candles made
Example: \( C = \frac{70 + 30 + 20 + 15}{20} \)
- Materials: $70
- Labor: $30
- Wicks: $20
- Fragrance: $15
- Number of candles: 20
Cost to Make a Candle
Formula: \( C = \frac{M + L + W + F}{N} \)
- \( C \): Cost per candle
- \( M \): Cost of materials
- \( L \): Labor cost
- \( W \): Cost of wicks
- \( F \): Cost of fragrance
- \( N \): Number of candles made
Example: \( C = \frac{80 + 35 + 25 + 20}{25} \)
- Materials: $80
- Labor: $35
- Wicks: $25
- Fragrance: $20
- Number of candles: 25
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