Dolly, the Sheep, Was the First Mammal to Be Cloned

question 40

Essay

Dolly, the sheep, was the first mammal to be cloned from an adult somatic cell. Unexpectedly, she aged prematurely and died at six years old. She had characteristics of a geriatric sheep. Why was this the case?

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Definitions:

Conversion

In accounting, it refers to the process of changing raw materials into finished products, including the costs associated with such a transformation.

Weighted-Average Method

An inventory costing method that calculates the cost of units for sale during a period by averaging the costs of all similar goods available.

Equivalent Units

A concept used in cost accounting to standardize the amounts of work done on incomplete units, to fully completed units, thereby enabling a consistent cost analysis.

Overhead Allocation

The process of assigning indirect costs of production, such as utilities and rent, to specific cost objects like products or departments.