Estimate the unit rate to the nearest hundredth.

$1.19 per 12fl oz price of 1 fl oz

To find the unit rate you need to divide the 1.19 by 12 so that the ounces would be the price per 1 ounce.

1.19/12 =.099 per ounce

Since we are talking about money your answer needs to be rounded to TWO decimals unless told otherwise.

Rounding. 099 would be $ 0.10 per ounce

I believe the price of 1 fl oz. would be 0.09916667.