If Peanuts are $4.54 for 14 ounces. The cost per ounce is: $0.32.
Cost per ounce
Using this formula
Cost per ounce=Cost price/Ounces
Where:
Cost price=$4.54
Ounces=14
Let plug in the formula
Cost per ounce=$4.54/14
Cost per ounce=$0.32
Therefore the cost per ounce is: $0.32.
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