Formula:
Celsius = (Fahrenheit - 32) * 5/9
Calculation:
1. Subtract 32 from Fahrenheit: 350 - 32 = 318
2. Multiply by 5/9: 318 * (5/9) = 176.67 (rounded to two decimal places)
Answer: 350 degrees Fahrenheit is equal to 176.67 degrees Celsius.