Round the Following Number to Four Significant Figures and Express

question 9

Multiple Choice

Round the following number to four significant figures and express the result in standard exponential notation: 0.00222755

• A)0.2228 × 10^-2
• B)0.002228
• C)2.228 × 10³
• D)2.228 × 10^-3
• E)22.28 × 10²

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Definitions:

Fixed Cost

Costs that remain constant in total regardless of changes in the level of production or sales activity.

Per Unit

A term used to denote the cost or price of a single item or measure of a service or product.

Relevant Range

The range of activity within which the assumptions about fixed and variable costs are valid for a specific business.

Mixed Costs

Expenses that have both fixed and variable components, changing with the level of production or sales activity but not in direct proportion.