In addition to political considerations, all of the following are reasons for trade restrictions except
A. equalizing a nation's balance of payments.
B. protecting new and weak industries.
C. protecting the health of citizens.
D. protecting national security.
E. all of the answer choices are reasons for trade restrictions.
Answer: E
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The following data is given for the Harry Company: Budgeted production 26,000 units Actual production 27,500 units Materials: Standard price per ounce $6.50 Standard ounces per completed unit 8 Actual ounces purchased and used in production 228,000 Actual price paid for materials $1,504,800 Labor: Standard hourly labor rate $22 per hour Standard hours allowed per completed unit 6.6 Actual labor
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