In the product process, we find that there are three types of manufacturing costs. Let us see each one in detail below:      Total manufacturing cost: This is the total sum of the resources spent on manufacturing a product. There are three resource components in this. They can be direct or indirect components.      Direct Manufacturing cost: All materials are directly part of the manufacturing process. It can be the labor force or raw materials.      Indirect Manufacturing cost: These include costs not tangibly involved in the process. It could be maintenance costs or utility bills etc. The three cost components are as follows:      Raw materials: These are materials used to create the product.      Labor force: The staff who assemble and refine the products.      Overheads in production: Indirect materials or maintenance of machines. Even labor in a support role is included here. There is also a formula for calculating total manufacturing cost as follows:      Manufacturing cost = Sum Of (Raw material cost, Labour cost, Production overhead cost)