Solution 1: Use TextField
This is what TextField is for. It uses FormControl and InputLabel internally and make sure they work well together. You can tell TextField to render select instead input by overriding the select props:
<TextField
value={value}
onChange={(e) => setValue(e.target.value)}
select // tell TextField to render select
label="Label"
>
<MenuItem key={1} value="test">
Test 1
</MenuItem>
<MenuItem key={2} value="test2">
Test 2
</MenuItem>
</TextField>
For more detail about how TextField works, see this answer.
Solution 2: Use Select
If you decide to use Select, you need to write more code to do the same amount of work:
Pass the label text as InputLabel children
<InputLabel id="test-select-label">Label</InputLabel>
This label text will be rendered on the screen as the Select label when put inside FormControl and next to the Select component.
Pass the label text to the label props of the Select component
This label text is hidden and used to override and remove the part of the border-top where the real label is occupied when the Select label is shrinked.
<Select labelId="test-select-label" label="Label">
Putting it together we’ll have something like below, note that with this approach we need to set the label in 2 different places which is not very DRY, so I’d prefer the first approach.
<FormControl>
<InputLabel id="test-select-label">Label</InputLabel>
<Select
value={value}
onChange={(e) => setValue(e.target.value)}
labelId="test-select-label"
label="Label"
>
<MenuItem key={1} value="test">
Test 1
</MenuItem>
<MenuItem key={2} value="test2">
Test 2
</MenuItem>
</Select>
</FormControl>