Work-in-progress inventory is the amount of money ... to find the amount of raw materials used in production: How to Calculate Missing Direct Labor & Manufacturing Overhead With Work in Process ...

"Work in progress" refers to incomplete units of products ... materials and manufacturing overhead spent on manufacturing it. Calculate the cost of sales by multiplying the number of products ...

That also varies depending on where you live and work. Here's a primer on income tax: what it is, how it works, how to calculate it and which states don't have it. Need a break? Play the USA ...