Write the Unit Cost, Rounded to the Nearest Cent

question 43

Multiple Choice

Write the unit cost, rounded to the nearest cent.
-If 14 notebooks cost $40.51, then one notebook costs $2.8936.

• A)$2.79
• B)$2.99
• C)$40.51
• D)$2.89

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Definitions:

Child Labour

The employment of children under an age determined by law or custom, often in conditions that are illegal or considered exploitative.

Conceptual Framework

A system of ideas and objectives that guides the development, preparation, and interpretation of financial statements, providing a foundation for accounting standards.

Expense

Outflows or other using up of assets or incurrence of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities.

Payment

The transfer of money or goods in exchange for a product or service.