How Do Scientists Study the History of Life on Earth

question 32

Multiple Choice

How do scientists study the history of life on Earth?

• A)by studying fossils, the preserved remains of past organisms
• B)by using telescopes to look far away, and thus see what life was like in the past
• C)by comparing present- day organisms with each other, and assuming past life had mixed traits of present- day organisms
• D)by assuming that life in the past was just like present- day life

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Definitions:

Predetermined Overhead Rate

The predetermined overhead rate is a calculated rate used to allocate manufacturing overhead to individual units of production. It is based on estimated costs and expected activity levels.

Fixed Manufacturing Overhead

The portion of the total manufacturing overhead costs that does not vary with the level of production, including costs such as rent, property taxes, and salaries of permanent staff.

Work in Process

Partially completed goods that are still in the production process at the end of an accounting period.

Standard Cost System

An accounting system that uses standard costs for product costing, based on expected costs.