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Inventories
 6 Months Ended
Jun. 30, 2017
Inventories  
Inventories

3.Inventories

 

The major components of inventories are as follows:

 

 

 

 

 

 

 

 

 

 

    

Jun 30, 2017

    

Dec 31, 2016

 

 

 

 

 

 

 

 

 

Raw materials

 

$

1,634,801

 

$

1,438,471

 

Work-in-progress

 

 

381,212

 

 

355,208

 

Finished goods

 

 

1,396,987

 

 

1,319,856

 

Reduction to LIFO cost

 

 

(1,136,399)

 

 

(1,127,363)

 

 

 

 

 

 

 

 

 

Total Inventories

 

$
2,276,601

 

$

1,986,172