The LSB is the finite voltage span divided by the number of codes. Exact arithmetic here means exact results for the stated model inputs; measured inputs still carry uncertainty and significant-figure limits.
highlighted = computed this step
Eight volts over eight codes gives one volt
Voltage span 8 V divided by 8 finite codes gives LSB 1 V.
8V/8=1V
The same span over sixteen codes gives one half
Voltage span 8 V divided by 16 finite codes gives LSB 1/2 V.
8V/16=21V
A wider span over fewer codes gives two volts
Voltage span 12 V divided by 6 finite codes gives LSB 2 V.