Work-in-process inventory

{
  "id": "MLC-T-ECS-002162",
  "term": "Work-in-process inventory",
  "field": "Economic statistics",
  "term_source": "Work-in-Process Inventory",
  "definition": "Accumulated costs of all commodities undergoing fabrication within your plants and long-term contracts where the inventory costs are for undelivered items and the value of work done that has not been reported in sales. Manufacturers' Shipments, Inventories, & Orders",
  "see_also": [
    "Inventories"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/work-in-process-inventory/"
}