Vestigial Structures Are Found in Humans,and Are Thought to Be

question 6

Essay

Vestigial structures are found in humans,and are thought to be useless or rudimentary body parts that had an important function in ancestral species.Give two examples of vestigial structures in humans.

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Definitions:

Net Operating Income

An entity’s income after all operating expenses have been deducted from total revenue, excluding taxes and interest charges.

Variable Costing

A costing method in which fixed manufacturing overhead is not assigned to the product, but rather treated as an expense of the period.

Absorption Costing

is an accounting method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed manufacturing overhead—in the cost of a product.

Unit Product Cost

The total cost incurred to produce, manufacture, or acquire a product, divided by the total number of units produced.