Sally Posted September 11, 2007 Share Posted September 11, 2007 I am going round in circles here & it's giving me such a sore head!I'm trying to work out the cost per oz of my soy wax.So if I buy my wax at £4.00 per kilo I need to divide 400 x 1000 = 0.4then times 0.4 x 28.3 (grams per oz) +11.32....is that right?11.32 pence per ounce?multiply that by 11oz for a 3x3" pillar = 124.52 /£12.45& thats before I add on the cost of f.o wick, production costs & wages.That would all bring my costs to almost £15/$30 for a single 3x3" pillar.Buying 25 kg at once would bring the costs down to £3.60 per kg (including tax & shipping) but that is still making one heck of a pricey candle.Have I got that math right cos my eyes are blurred & my brain is fried now!Thanks for any help.Sally. Quote Link to comment Share on other sites More sharing options...
CareBear Posted September 11, 2007 Share Posted September 11, 2007 I think you are off in your decimal points.let me see if I have this right:wax is 4 pounds per kilo ( we don't have the nifty pound sign here). Which means you pay 400 pence per kilo, right? which means each gram would cost you 0.4pence. An 11 oz candle is about 312 grams, so 0.4 pence X 312 grams means the wax costs you 124.8 pence which I believe is 1.24 pounds, right? Quote Link to comment Share on other sites More sharing options...
Sally Posted September 11, 2007 Author Share Posted September 11, 2007 Could be hun, my brain just is NOT working right now!You're right on the 400 pence part, that bit I got right!Sally. Quote Link to comment Share on other sites More sharing options...
Ramaroa Posted September 12, 2007 Share Posted September 12, 2007 You were right...or try it another way 1 Kilo = 2 pounds 2 Ounces ( Total 35 Ounces)35 ounces divided by £4.00 = 11.4 pence per ounce 11 ounces would be £1.26 Quote Link to comment Share on other sites More sharing options...
Sally Posted September 13, 2007 Author Share Posted September 13, 2007 Now that is so much more simple.....thank you.Getting the decimal point in the right place always helps!Sally. Quote Link to comment Share on other sites More sharing options...
NattyCat Posted September 13, 2007 Share Posted September 13, 2007 Here's my general calculation:WaxThere are 34 ounces in 1kg, so£4.00 / 34 oz = 11.7p per ounceTotal Cost of Wax: £1.28FragranceOn average, FO costs £1 per ounceWhen using a ratio of 1oz of FO per Pound of wax I would round up to the nearest quarter of an ounce, so11oz candle = 3/4 oz of FOTotal Cost of FO: 75pWick: 10p eachDye: 10p if usedTotal Cost of Candle: £2.13 (I didn't include dye as I know you don't use it)Nat Quote Link to comment Share on other sites More sharing options...
Sally Posted September 13, 2007 Author Share Posted September 13, 2007 Here's my general calculation:WaxThere are 34 ounces in 1kg, so£4.00 / 34 oz = 11.7p per ounceTotal Cost of Wax: £1.28FragranceOn average, FO costs £1 per ounceWhen using a ratio of 1oz of FO per Pound of wax I would round up to the nearest quarter of an ounce, so11oz candle = 3/4 oz of FOTotal Cost of FO: 75pWick: 10p eachDye: 10p if usedTotal Cost of Candle: £2.13 (I didn't include dye as I know you don't use it)NatThanks Nat........major wind in the brain region as far as maths is concerned just now.I'm sure I had my costings all worked out ages ago but do you think I could find it in any of my folders.....then my brain went on strike.......it's a conspiracy I tell you!Sally. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.