If You Use an Instrument to Measure 1 Ml of Water

question 35

Multiple Choice

If you use an instrument to measure 1 ml of water and do it 3 times, weighing the water each time, you get 0.751, 0.753, and 0.750 grams. One ml of water should weigh 1.0 grams. The measurements are _________.

• A)accurate but not precise
• B)precise but not accurate
• C)both precise and accurate
• D)neither precise nor accurate

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Definitions:

Machine-Hours

A measure of production time, indicated by the number of hours machines are operating in the manufacturing process.

Manufacturing Cost

The total cost incurred by a company to produce goods, including raw materials, labor, and overhead.

Calculated Selling Price

The calculated selling price is the price at which a product must be sold to cover its costs and achieve a desired profit margin.

Markup

The amount added to the cost price of goods to cover overhead and profit.