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Magna Mining NL (ASX:MANCA) Inventories, Work In Process : A$0.00 Mil (As of Jun. 2011)


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What is Magna Mining NL Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Magna Mining NL's work in process for the quarter that ended in Jun. 2011 was A$0.00 Mil.


Magna Mining NL Inventories, Work In Process Historical Data

The historical data trend for Magna Mining NL's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magna Mining NL Inventories, Work In Process Chart

Magna Mining NL Annual Data
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Inventories, Work In Process
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Magna Mining NL Semi-Annual Data
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Magna Mining NL Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.


Magna Mining NL Business Description

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Magna Mining NL is a mineral exploration company with projects in Namibia and Russia. The company is exploring for industrial minerals, precious metals, base and rare metals, precious and semi-precious stones, targeting both nationally and internationally.

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