What is cost per ounce?

A cost per ounce is the total cost to produce a unit per weight of a unit made in ounces. How to calculate the cost per ounce? First, determine the total cost per unit.

What is a unit price?

The unit price is the cost per ounce, per pound, per kilogram, per liter, or other units of weight or volume of an item you want to buy. For example, let's say you're hungry for pancakes and need to buy some flour. In the shop, you have two choices: a smaller package - $1 for 1 kg, and a larger one - $1.35 for 1.5 kg.

Is gold the same as an ounce of gold?

This makes sense given the fact that an ounce of gold is the same whether it is bought in the U.S. or Asia. The price of gold is available around the clock, and trading essentially never ceases. While investors in the U.S. are sound asleep, for example, gold trading in Asian markets may be robust.

How many ounces are in a pound?

On PricePerOz.com, we refer to the most commonly used ounce, the International avoirdupois dry ounce. There are 16 ounces in a pound. The ounce used on this site is a unit of mass (weight). If you need to compare prices of fluids, liquids, and any other items sold by volume, visit our calculator PricePerFlOz.com for fluid ounces.