What Is the Difference Between 103

question 25

Multiple Choice

What is the difference between 103.5 and 102.24 written with the correct number of significant figures?

• A) 1
• B) 1.3
• C) 1.26
• D) 1.260
• E) 1.2600

---

Definitions:

Direct Labor Cost

The total cost of all the labor directly involved in the production of goods or services.

Net Operating Income

The income earned from the primary activities of a business, not including expenses from interest and taxes.

Absorption Costing

An accounting method that includes all manufacturing costs (variable and fixed) in the cost of a product.

Unit Product Cost

Unit product cost is the total cost associated with producing one unit of a product, including all variable and fixed costs.