A factory's production costs are the total expenses of doing business. Manufacturing costs are the expenses directly related to building the product. Both production costs and manufacturing costs ...

Reviewed by Andy Smith Fact checked by Suzanne Kvilhaug What Is the Difference Between the Different Cost Types? Fixed costs, ...

For decades, test was limited to a flat 2% of total manufacturing cost, a formula developed prior to the turn of the Millennium after chipmakers and foundries saw the trajectory for rising test costs.