Final answer:
To calculate the cost of baking a two-pound loaf of bread from scratch, consider the cost of ingredients and electricity. Start by calculating the cost of ingredients, then determine the cost of electricity used for baking. Finally, add the two costs to get the total cost.
Step-by-step explanation:
To calculate the cost of baking a two-pound loaf of bread from scratch, we need to consider the cost of the ingredients and the cost of electricity used for baking.
1. Start by calculating the cost of the ingredients. If you grind your own wheat from food storage, you don't need to buy flour, but you still need to consider the cost of other ingredients such as yeast, salt, and water. Calculate the total cost of these ingredients.
2. Next, calculate the cost of electricity used for baking. Determine the wattage of your oven and the average cost of electricity in your area. Multiply the wattage by the time it takes to bake the bread and then multiply by the cost of electricity per kilowatt hour.
3. Add the cost of ingredients and the cost of electricity to get the total cost of baking a two-pound loaf of bread from scratch.