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What is Unit Pricing?

What is Unit Pricing?. Compares price based on the unit (e.g. ounces) versus the whole item Allows for comparison between different: sizes product brands product forms (e.g. fresh or frozen ). Unit Pricing Does Not…. Provide nutritional quality information Provide information on taste.

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What is Unit Pricing?

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  1. What is Unit Pricing? • Compares price based on the unit (e.g. ounces) versus the whole item • Allows for comparison between different: • sizes • product brands • product forms (e.g. fresh or frozen)

  2. Unit Pricing Does Not… • Provide nutritional quality information • Provide information on taste

  3. I wish …all stores posted unit prices

  4. First … pick your unit • Unit for liquids is usually ounces, but could be cups or gallons. • Unit for meat can be pounds, but could be individual items (hot dogs)

  5. Do whole grains really cost more?

  6. Frozen versus fresh Comparing Different Product Forms

  7. What unit will you use?What is the cost per pound for this product? A) $1.84 B) $0.54 C) $1.14 Item size: 2.5 pounds (40 ounces) Item price: $4.59

  8. Comparing Different Product Forms The correct answer is $1.84. $4.59 ÷ 2.5#s = $1.84 per pound To figure the cost per ounce $4.59 ÷ 40 ounces = .11/ounce .

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