GOODS IN PROCESS
Inventory account normally seen in a firm’s balance sheets that is partially completed. Computed as:
Goods in Process = Operating Inventory Goods in Process + Raw Materials Used + Direct Labor + Factory Overhead / Total Manufacturing Costs - Ending Inventory
Also called work in process.
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Bank Wire
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Leading Index | Mar | |
| 00:45 | Trade Balance | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 16:00 | Consumer Confidence | Apr | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 19:40 | FOMC Member Neel Kashkari Speaks |
