So, using the initial scenario, you would right-click the Linen Gaiters, the new window would pop up and the left pane would have the gaiters and the right would have the undyed linen, undyed velveteen, electrum ingot, and rubber. Since you also need to make the rubber and ingot you right-click both of those to add them to the left pane, and the right will automatically add the latex and electrum ore.

The right pane would need to be smart enough to combine the same items, and it should keep a total of how many you need. Would probably be a good idea to also list how many you have of NQ and HQ next to it as well. Of lesser concern would be that you could remove items from the left pane (maybe also via right-click) and maybe a 'clear' button (or just have us close it and it reopens when you right-click the crafting log again). I don't think it would be really necessary to be able to craft right from the list, but it couldn't hurt I guess.