Comment by franktankbank
12 days ago
The cost of manufacturing your stuff is not labor dependent only because you are probably putting together low cost components made with cheap labor. What if you had to make the spring or the resistor or the little painted metal box? Could you do that without labor being the big cost?
I actually make pretty high cost products with relatively expensive labor (welders, electricians).
Even then, materials & parts dominate.
What? How much labor do you think goes into making a spring or a resistor? These are parts which cost fractions of a cent and are cranked out by the tens of millions.