24 March 2010
stock in process means partially completed goods, parts, or subassemblies that are no longer part of the raw materials inventory and not yet part of the finished products inventory.
24 March 2010
raw material: Just purchased not introduced in production cycle. stock in process: under production cycle finished goods: producion cycle completed stores items: : General consumable items used in production. spares items:Extra parts kept for machinery in spare to be used in case of need
Querist :
Anonymous
Querist :
Anonymous
(Querist)
24 March 2010
thank you once again and what about spares items & stores items.
24 March 2010
spares items are extra parts kept for machinery in spare to be used in case of need
Querist :
Anonymous
Querist :
Anonymous
(Querist)
24 March 2010
thanks to all
Querist :
Anonymous
Querist :
Anonymous
(Querist)
24 March 2010
If I have Engineering workshop where I develop/manu.facture crushing machine,small machine. ok which parts are my raw material & which are my consumable items.?
24 March 2010
raw material : Material used for produce the Finished goods stock in process: it is an raw material under process for finished goods finished goods : it is a final product stores items : Products stored in stores spares items : it is a sundry items