From the schedule below provided for quality control activities, determine the appraisal costs: Quality control activities Finished goods inspection Product design Rework Processing returned products Training of machine operators Process audit Activity cost $12,000 $22.000 $8.900 $21.000 $25,000 $32,000

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Q: What is the difference between a Put option and a Call option? Explain. Provide examples.

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Q: Define purchase option.

A:

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.