Subquery as parameter into SQL Server UDF - sql

Question

My question is similar to this.
I made a scalar function like follows:
CREATE FUNCTION [dbo].[MyFunction](#table [TableModel] READONLY)
RETURNS DECIMAL(18, 6) AS
BEGIN
DECLARE #sql NVARCHAR(MAX), #params NVARHCAR(MAX), #value DECIMAL(16, 8);
SELECT #sql = formula, #params = params FROM formulas WHERE id = (SELECT TOP 1 id_formula FROM #table)
EXEC sp_executesql #sql, #params, #table=#table, #value=#value OUTPUT;
RETURN #value;
END
Where a formula SQL could be something like:
SELECT #value = SUM(value) / AVG(value) FROM #table
And it could have more columns if needed.
The model table looks like so:
CREATE TYPE [dbo].[TableModel] AS TABLE(
[formula] INT NOT NULL,
[value] DECIMAL(16, 8) NOT NULL
)
And I want to use it like so:
SELECT od.id, od.col1, od.col2,
dbo.MyFunction((SELECT id.formula, id.value FROM #raw_data id WHERE id.id = od.id)) as result
FROM #data od
GROUP BY od.id, od.col1, od.col2
Where the ID unique and multiple rows will have the same id.
Basically, what I'm trying to do in a single query I want to call a function that has a table parameter. But I want this table to be a subquery.
I'm aware that you can call the function with a table variable as mentioned in this answer.
Is this possible in any way? I'm having this error at executing:
Msg 116, Level 16, State 1, Line 30
Only one expression can be specified in the select list when the subquery is not introduced with EXISTS.