Juice Price Calculator

Formula

The formula to calculate the Juice Price (JP) is:

\[ JP = COJ + DM \]

Where:

Juice Price (JP): The final price at which the juice is sold.
Juice Cost (COJ): The cost incurred to produce or purchase the juice.
Desired Margin (DM): The profit margin desired on top of the juice cost.
Significance: Helps in determining the selling price of juice to ensure profitability.

Let's say the juice cost (COJ) is $2.50 and the desired margin (DM) is $1.50. Using the formula:

\[ JP = 2.50 + 1.50 = 4.00 \]

So, the Juice Price (JP) is $4.00.