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Inventories
 3 Months Ended
Mar. 31, 2016
Inventories  
Inventories

2.Inventories

 

The major components of inventories are as follows:

 

 

 

 

 

 

 

 

 

 

    

Mar 31, 2016

    

Dec 31, 2015

 

 

 

 

 

 

 

 

 

Raw materials

 

$
1,841,369

 

$
1,640,098

 

Work-in-progress

 

 
395,789

 

 
375,229

 

Finished goods

 

 
1,226,083

 

 
1,336,707

 

Reduction to LIFO cost

 

 
(1,209,207)

 

 
(1,232,229)

 

 

 

 

 

 

 

 

 

Total Inventory

 

$
2,254,034

 

$
2,119,805