Table 19-12
Production and
Consumption Production
Without Trade with Trade

question 301

Multiple Choice

Table 19-12
Production and
Consumption Production
Without Trade With Trade
$$\begin{array} { | l | l | l | l | l | l | } \hline & \text { Swards } & \text { Beltr } & & \text { Svards } & \text { Beltr } \\\hline \text { Estoria } & 100 & 50 && 200 & 0 \\\hline \text { Morocco } & 50 & 40 && 0 & 120 \\\hline\end{array}$$
Estonia and Morocco can produce both swords and belts.Table 19-12 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-12.With trade,what is the total gain in belt production?

• A)30
• B)80
• C)120
• D)210

Identify the role and responsibilities of managerial positions within an organization.

Distinguish between various costs associated with production, including direct materials, direct labor, and factory overhead.

Comprehend the criteria and purpose for preparing managerial accounting reports.

Understand the classification of costs as product or period costs and their impact on financial statements.

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