1 Adding heat energy to water increases the motion of the water molecules and the molecules of food coloring. 2  The faster-moving molecules cause the food coloring to mix into the water faster. 3  The water molecules and food coloring molecules in cold water donât move as quickly as in hot water.
It is well-known that manufacturing differs from service provision in many aspects. The main difference between products and services would be tangibility. While the outputs of manufacturing are tangible, the outputs of service provision are intangible. Some industries are the mixture of both manufacturing and service provision, which provide both products and services.
Drawing a line between manufacturing costs and non-manufacturing operating costs: The key difference here is that manufacturing costs are categorized as product costs, whereas non-manufacturing operating costs are categorized as period costs. In calculating product costs, you include only manufacturing costs and not other costs. Period costs are recorded right away as expenses â either in variable operating expenses or fixed operating expenses (refer to the figure below).