Select the Most Appropriate Choice for Each Person

question 7

Multiple Choice

Select the most appropriate choice for each person.
-Aristotle

• A)a proponent of uniformitarianism
• B)developed the theory of catastrophism
• C)believed that giraffes have long necks because their short-necked ancestors stretched their necks and passed this change onto their offspring
• D)was a naturalist who sailed on the Beagle and studied finches
• E)wrote an essay relating population size to competition for limited resources
• F)natural historian and author; formed early ideas of the great chain of being

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Definitions:

Manufacturing Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor.

Cost of Goods Sold

Cost of Goods Sold (COGS) represents the direct costs attributable to the production of the goods sold in a company.

Finished Goods Inventory

The inventory of goods that are completed and ready for sale.

Goods Available

The total inventory that a company has ready for sale at the beginning of an accounting period, including both produced and acquired goods.