A 4-pound bag of cornmeal costs $12.16. What is the price per ounce?
There are 4 pounds in a bag, which is equal to 64 ounces (since 1 pound is equal to 16 ounces).
To find the price per ounce, we divide the total cost of the bag by the number of ounces:
$12.16 / 64 ounces = $0.19 per ounce.
Therefore, the price per ounce of cornmeal is $0.19.