A Group of Students Has 12 Girls and 10 Boys

question 34

Short Answer

A group of students has 12 girls and 10 boys. A project team, including three girls and two boys, must be created. Find the number of possible project teams.

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Definitions:

Actual Costs

The real, observed expenditures incurred as opposed to estimated or standard costs.

Standard Costs

Predetermined or estimated costs of manufacturing, selling, and administrative activities, used for budgeting and assessing performance.

Rate Variance

The difference between an expected or standard cost and the actual cost incurred, often used in budgeting and financial analysis to gauge performance.

Standard Wage Rate

The predetermined rate of pay for a specific job or task over a set time period.