Final answer:
The total recipe cost includes labor, profit, prime costs, and ingredient costs.
Step-by-step explanation:
The total recipe cost includes the factors of labor, profit, prime costs, and ingredient costs.
- Labor: This includes the wages and salaries paid to the workers involved in the production process.
- Profit: This is the amount added to the total cost of production to generate a profit for the business.
- Prime Costs: These are the direct costs involved in producing the product, such as the cost of raw materials and direct labor.
- Ingredient Costs: These are the costs associated with the ingredients used in the recipe.