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Calculate Product Unit Price

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Rhea Arroyo
Updated 3 months ago
This article provides a step-by-step guide on how to calculate the unit price of the Product, using the information provided in facility details and invoices.

Bensumec 4 LF is a product whose pricing and quantity can sometimes cause confusion when calculating the unit price. The unit of measure for this product is gallons, and it's typically sold in quantities described as 2 x 2.5 gallons (totaling 5 gallons).

Details from Facility and Invoice
  1. Facility Details:
    • Product Name: Bensumec 4 LF
    • Manufacturer: PBI/Gordon Corporation
    • Product Price: $8,325.00
    • Unit of Measure: Gallons
    • QTY/Case: 45 gallons
  2. Invoice Details:
    • Description: Bensumec 4 LF (2 x 2.5 Gal)
    • Quantity Ordered: 45 units
    • Unit Price: $185.00 for 5 gallons

Step-by-Step Calculation
  1. Identify the Unit Price on the Invoice:
    • The invoice shows a unit price of $185.00 for 5 gallons (2 x 2.5 gallons).
  2. Calculate the Unit Price per Gallon:
    • To find the price per gallon, divide the unit price by the total gallons in the unit.
    • Formula: Unit Price per Gallon = Unit Price for 5 Gallons / 5
    • Calculation: $185.00 / 5 = $37.00
  3. Confirm the Calculation with Facility Details:
    • The facility shows a total product price of $8,325.00 for 45 gallons.
    • To ensure accuracy, verify by calculating the total price from the per-gallon unit price:

    • Calculation: $37.00 per gallon * 45 gallons = $1,665.00
    • Note: The facility details total price ($8,325.00) appears to be for a different set of quantities or another bulk pricing.

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