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Which of the following is true of the labor force participation rate?
Indirect Materials
Materials used in the production process, but not directly traceable to a finished product, like lubricants and cleaning supplies for machine maintenance.
Manufacturing Overhead
All manufacturing costs that are not directly related to the production of a product, such as factory rent, utilities, and maintenance.
Indirect Materials
Materials used in the production process that are not directly traceable to individual products, like lubricants and cleaning supplies.
Indirect Labor
Workers who support the production process but do not directly contribute to the manufacturing of the product, such as maintenance and supervisory staff.
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