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Inventories
 9 Months Ended
Sep. 30, 2015
Inventories  
Inventories

3.Inventories

 

The major components of inventories are as follows:

 

 

 

 

 

 

 

 

 

 

    

Sep 30 2015

    

Dec 31 2014

 

 

 

 

 

 

 

 

 

Raw materials

 

$
1,893,515

 

$
2,020,151

 

Work-in-progress

 

 
386,843

 

 
407,964

 

Finished goods

 

 
1,267,579

 

 
1,517,151

 

Reduction to LIFO cost

 

 
(1,269,576)

 

 
(1,314,616)

 

 

 

 

 

 

 

 

 

Total Inventory

 

$
2,278,361

 

$
2,630,650