The three components that make up the cost of producing a product include materials, direct labor, and indirect labor.

Name: The three components that make up the cost of producing a product include materials, direct labor, and indirect labor.
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Quizplus · Accepted Answer

The three main components of the cost of producing a product are materials, direct labor, and overhead (not indirect labor). Overhead includes both indirect labor and other indirect costs.

The Three Components That Make Up the Cost of Producing