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Re: geoffwe post# 68148

Monday, 07/02/2018 3:21:07 PM

Monday, July 02, 2018 3:21:07 PM

Post# of 107737
Tooling wouldn't be actually building or buying the tool itself, but rather the expense involved in preparing an existing tool to perform a specific task. This cost is often passed down to the company that wants to manufacture something.

For example, you could go to a factory that makes plastic widgets, and say "I need to make a vape pen." They'd say "ok, we need to make a mold, and that's going to cost $7,500." The cost of the mold is "tooling."

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