Formulas
All-in cost per ton = (Material cost + Freight + Other costs) ÷ Tons
Weighted average = Σ(Tons × Price) ÷ Σ Tons
Know the rate but not the total? Multiply any price per ton, kg or lb by any quantity, add freight, and get the all-in cost per ton.
Total cost from a price per unit
Total Cost
$0.00
Weighted average price per ton
Enter each lot's tonnage and price per ton. Larger lots count for more.
Weighted Average Price
$0.00
per ton
Multiply the quantity in tons by the price per ton. A construction company buying 8 tons of marble at $329 per ton pays 8 × $329 = $2,632. If the quantity and the price use different units (e.g. kg and tons), convert one of them first.
Convert tons to kg and multiply. At 11 cents per kg, 20 metric tons = 20,000 kg × $0.11 = $2,200. At ₹150 per kg, 4 metric tons = 4,000 kg × ₹150 = ₹600,000.
Multiply each lot's tonnage by its price, add the results, then divide by the total tonnage. For 56.55 t at 1,625 and 82.75 t at 1,500: (56.55 × 1,625 + 82.75 × 1,500) ÷ 139.3 = 1,550.74 per ton. A simple average of the two prices (1,562.50) would be wrong because the lots are different sizes.
Add the freight, duties and other landed costs to the material cost, then divide by the tonnage. This gives an all-in or landed cost per ton, which is what you should compare between suppliers.