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Serena is evaluating three different models of hair dryers,Model A,Model B,and Model C.She assigns belief ratings from 1= very poor to 10= very good and importance ratings from 10= most important to 1=least important.She sets a minimum mental cutoff point of 5 for all the features.According to the conjunctive rule,which of the following is true?
Standard Rate
A predetermined cost or price used in budgeting and costing exercises, reflecting an expected or agreed level of expenditure or charge.
Variable Factory Overhead Controllable Variance
The difference between the actual and budgeted variable overhead costs that management has the ability to influence or control.
Actual Hours
The real number of hours worked or spent on a particular activity or project, as opposed to planned or estimated hours.
Standard Hours
The preset amount of time expected to complete a task or work process in an efficient manner.
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