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Inventories
12 Months Ended
Dec. 31, 2012
Inventories  
Inventories

4.                                                        Inventories

 

 

 

December 31,

 

December 31,

 

 

 

2012

 

2011

 

Raw materials

 

$

1,299,019

 

$

3,230,727

 

Work in progress

 

971,404

 

446,468

 

Finished goods

 

8,259,053

 

4,436,233

 

Inventories

 

$

10,529,476

 

$

8,113,428

 

 

For the year ended December 31, 2012, the Company charged idle capacity of $3,140,091 (2011- $1,205,179, 2010 - $297,623) to cost of sales.

 

In 2012, 2011, 2010, the cost of sales includes inventory provision of $3,479,453, $4,034,169 and $6,805,541, respectively.