The first step would be to create an equation for this problem. You would divide the cost per ounce by the number of ounces.
$8.95 ÷ 16 = ?
Now, all you would have to do it solve it.
$8.95 ÷ 16 = $0.559375
The last step would be to round to the nearest cent.
$0.559375 = $0.56
A box of candy cost $0.56 per ounce.
I hope this helps!