Work-in-process inventory refers to the partially completed materials within a production line. According to the team at Accounting Tools, this term considers the cost of raw materials, direct labor ...

Direct manufacturing labor costs are associated with the laborers in your factory who work on the goods you're manufacturing directly. It's important to measure this cost for a small business, because ...

The Statistical Process Control Calculator (SPCC) aids in the prediction and analysis of process yield. The calculator can be used with an HP® 50g calculator or a free PC emulator. Steve Edwards, an ...