Country Alpha and Country Gamma are trade partners, each producing wheat and oil. Alpha is capable of producing 50 tons of wheat or 75 thousand barrels of oil in a month while Gamma can produce 10 tons of wheat or 40 thousand barrels of oil in the same month. Based on the theory of comparative advantage, which nation should produce each product

Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production