Why Is There Disagreement on the Classification of Many Fossils

question 54

Multiple Choice

Why is there disagreement on the classification of many fossils dating to between 500,000 and 200,000 years ago?

• A) Many fossils from this period have a mix of H. erectus and H. sapiens traits.
• B) There are no H. erectus fossils from this period in Europe, but they are present in Africa.
• C) The H. erectus fossils seem to disappear very suddenly around 300,000 years ago.
• D) Many paleoanthropologists place the origins of H. sapiens much earlier than 500,000 years ago.

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Definitions:

Target Costing

The target cost is determined by subtracting a desired profit from a market-determined price. The resulting target cost is used to motivate cost improvements in design and manufacture.

Selling Price

The amount of money for which a product or service is sold.

Target Costs

The desired cost of a product for which a company aims in order to achieve a desired profit margin after considering the selling price and required profit.

Markup Percentage

The percentage added to the cost price of goods to cover overhead and profit.